LAS VEGAS SANDS CORP 4
4 · LAS VEGAS SANDS CORP · Filed Jan 7, 2015
Insider Transaction Report
Form 4
Chafetz Irwin
Director
Transactions
- Exercise/Conversion
Common Stock
2015-01-05$44.95/sh+4,970$223,402→ 44,604 total - Exercise/Conversion
Common Stock
2015-01-05$13.34/sh+25,000$333,500→ 69,604 total - Exercise/Conversion
Option (Right to Buy)
2015-01-05−4,970→ 0 totalExercise: $44.95Exp: 2015-02-27→ Common Stock (4,970 underlying) - Exercise/Conversion
Option (Right to Buy)
2015-01-05−25,000→ 0 totalExercise: $13.34Exp: 2020-02-22→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Represents the exercise of vested options that were scheduled to expire on February 27, 2015.
- [F2]In accordance with the provisions of the Issuer's 2004 Equity Award Plan, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options to reflect the $2.75 per share special dividend declared on November 26, 2012 paid on outstanding shares of the Issuer's common stock. The equitable adjustment was effective as of December 10, 2012.
- [F3]The options vested in five equal installments beginning on February 28, 2006.
- [F4]The options vested in four equal installments beginning on February 23, 2011.