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BOYD GAMING CORP Director's Dealing 2021

May 27, 2021

30822_dirs_2021-05-26_1813f6e9-6613-4214-9e69-43b9b98ae532.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOYD GAMING CORP (BYD)
CIK: 0000906553
Period of Report: 2021-05-24

Reporting Person: SMITH KEITH (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-24 Common Stock M 25000 $9.86 Acquired 1326958 Direct
2021-05-24 Common Stock S 25000 $60.5992 Disposed 1301958 Direct
2021-05-24 Common Stock M 45068 $9.86 Acquired 1347026 Direct
2021-05-24 Common Stock S 45068 $61.0134 Disposed 1301958 Direct
2021-05-24 Common Stock M 4932 $11.57 Acquired 1306890 Direct
2021-05-24 Common Stock S 4932 $61.0134 Disposed 1301958 Direct
2021-05-26 Common Stock M 25068 $11.57 Acquired 1327026 Direct
2021-05-26 Common Stock S 25068 $63.3246 Disposed 1301958 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-24 Employee Stock Option (Right to Buy) $9.86 M 25000 Disposed 2023-11-07 Common Stock (25000) Direct
2021-05-24 Employee Stock Option (Right to Buy) $9.86 M 45068 Disposed 2023-11-07 Common Stock (45068) Direct
2021-05-24 Employee Stock Option (Right to Buy) $11.57 M 4932 Disposed 2024-12-10 Common Stock (4932) Direct
2021-05-26 Employee Stock Option (Right to Buy) $11.57 M 25068 Disposed 2024-12-10 Common Stock (25068) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 325 Indirect

Footnotes

F1: Options granted under Boyd Gaming Corporation's 2012 Stock Incentive Plan. Vesting plan calls for options to become exercisable at the rate of 33.333% per year on the first day of each successive 12 month period commencing one year from grant date.

F2: This transaction was executed in multiple trades at prices ranging from $60.44 to $60.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $60.75 to $61.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: This transaction was executed in multiple trades at prices ranging from $63.06 to $63.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.