0001179110-17-009469.txt : 20170622
0001179110-17-009469.hdr.sgml : 20170622
20170622174627
ACCESSION NUMBER: 0001179110-17-009469
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170621
FILED AS OF DATE: 20170622
DATE AS OF CHANGE: 20170622
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Entertainment Gaming Asia Inc.
CENTRAL INDEX KEY: 0001004673
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS MANUFACTURING INDUSTRIES [3990]
IRS NUMBER: 911696010
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: UNIT C1, GROUND FLOOR, KOON WAH BUILDING
STREET 2: NO. 2 YUEN SHUN CIRCUIT,
CITY: YUEN CHAU KOK, SHATIN
STATE: K3
ZIP: 000000
BUSINESS PHONE: (872) 802-4227
MAIL ADDRESS:
STREET 1: 40 E. CHICAGO AVENUE, #186
CITY: CHICAGO
STATE: IL
ZIP: 60611-2026
FORMER COMPANY:
FORMER CONFORMED NAME: Elixir Gaming Technologies, Inc.
DATE OF NAME CHANGE: 20070918
FORMER COMPANY:
FORMER CONFORMED NAME: VENDINGDATA CORP
DATE OF NAME CHANGE: 20000727
FORMER COMPANY:
FORMER CONFORMED NAME: CVI TECHNOLOGY INC
DATE OF NAME CHANGE: 20000508
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DIVITO VINCENT L
CENTRAL INDEX KEY: 0001237330
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32161
FILM NUMBER: 17925955
MAIL ADDRESS:
STREET 1: 329 DOLPHIN LANE
CITY: WEST BABYLON
STATE: NY
ZIP: 11704
4
1
edgar.xml
FORM 4 -
X0306
4
2017-06-21
0
0001004673
Entertainment Gaming Asia Inc.
EGT
0001237330
DIVITO VINCENT L
121 LAKE DRIVE EAST
WAYNE
NJ
07470
1
0
0
0
Options (right to buy)
1.94
2017-06-21
4
M
0
27813
0
D
2017-04-29
2026-04-28
Common Stock
27813
3125
D
Options (right to buy)
2.08
2017-06-21
4
M
0
3125
0
D
2009-08-13
2019-02-12
Common Stock
3125
0
D
On May 5, 2017, Melco International Development Limited (Melco), through its wholly-owned subsidiary EGT Nevada Holding Inc. ("EGT Nevada"), filed an unsolicited cash tender offer to acquire all of the outstanding shares of common stock, $0.001 par value, of Entertainment Gaming Asia Inc. (EGT), other than the shares owned by Melco or its affiliates, at a price of $2.35 net per share. On June 13, 2017, the tender offer closed and on June 21, 2017, Melco effected a short-form merger of EGT Nevada into EGT. In connection with the short-form merger, the vesting of all unvested EGT stocks options was accelerated and all EGT stock options were cancelled and the in-the-money options were cashed out at $2.35 less the exercise price.
These options were to vest over three years, 50% on the first anniversary and 25% on each of the second and third anniversaries of grant date. However, in connection with the short-form merger, all of these options became vested and exercisable as of June 21, 2017.
Represents the original expiration date. However, in connection with the short-form merger, all of these options were cancelled as of June 21, 2017.
Vincent L. DiVito
2017-06-22