0000950142-13-002341.txt : 20131127
0000950142-13-002341.hdr.sgml : 20131127
20131127173132
ACCESSION NUMBER: 0000950142-13-002341
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131126
FILED AS OF DATE: 20131127
DATE AS OF CHANGE: 20131127
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LAS VEGAS SANDS CORP
CENTRAL INDEX KEY: 0001300514
STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011]
IRS NUMBER: 270099920
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3355 LAS VEGAS BOULEVARD, SOUTH
STREET 2: ROOM 1A
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
BUSINESS PHONE: (702) 414-1000
MAIL ADDRESS:
STREET 1: 3355 LAS VEGAS BOULEVARD, SOUTH
STREET 2: ROOM 1A
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEVEN MICHAEL A
CENTRAL INDEX KEY: 0001040619
STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011]
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32373
FILM NUMBER: 131248677
MAIL ADDRESS:
STREET 1: 2500 PEACHTREE ROAD
STREET 2: APT 801
CITY: ATLANTA
STATE: GA
ZIP: 30305
FORMER NAME:
FORMER CONFORMED NAME: LAVEN MICHAEL A
DATE OF NAME CHANGE: 19970609
4
1
es1301286_4-leven.xml
OWNERSHIP DOCUMENT
X0306
4
2013-11-26
0
0001300514
LAS VEGAS SANDS CORP
LVS
0001040619
LEVEN MICHAEL A
3355 LAS VEGAS BOULEVARD SOUTH
LAS VEGAS
NV
89109
1
1
0
0
President and COO
Common Stock
2013-11-26
4
M
0
92500
0.33
A
271795
D
Common Stock
2013-11-26
4
S
0
92500
70.2984
D
179295
D
Common Stock
2013-11-26
4
M
0
92500
12.19
A
271795
D
Common Stock
2013-11-26
4
S
0
82500
70.3025
D
189295
D
Option (Right to Buy)
0.33
2013-11-26
4
M
0
92500
0
D
2014-03-11
Common Stock
92500
565000
D
Option (Right to Buy)
12.19
2013-11-26
4
M
0
90070
0
D
2014-03-11
Common Stock
92500
565000
D
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 to be paid on outstanding shares of the Issuer's common stock. The exercise price of options with an exercise price of $2.75 or less was reduced by 79%, and the holder received the remaining portion of the exercise price adjustment in cash. The equitable adjustment was effective as of December 10, 2012.
Shares sold in connection with the exercise of stock options pursuant to a previously disclosed 10b5-1 trading plan.
This transaction was executed in multiple trades at prices ranging from $70.13 to $70.64. 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.
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 to be paid on outstanding shares of the Issuer's common stock. The equitable adjustment was effective as of December 10, 2012.
This transaction was executed in multiple trades at prices ranging from $70.11 to $70.60. 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.
The Reporting Person was granted options to purchase 3,000,000 shares on March 11, 2009, all of which are vested.
The Reporting Person was granted options to purchase 1,000,000 shares on January 1, 2010, all of which are vested.
In addition to the 189,295 shares listed in Table I and the 1,130,000 vested options listed in Table II, Mr. Leven holds vested options to purchase 10,000 shares and 300,000 restricted stock units that are unvested as of the filing date.
/s/ Michael A. Leven
2013-11-27