0000899243-19-001824.txt : 20190123
0000899243-19-001824.hdr.sgml : 20190123
20190123212949
ACCESSION NUMBER: 0000899243-19-001824
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190121
FILED AS OF DATE: 20190123
DATE AS OF CHANGE: 20190123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PEARLMAN EMANUEL R
CENTRAL INDEX KEY: 0001315915
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12522
FILM NUMBER: 19538527
MAIL ADDRESS:
STREET 1: 250 EAST 79TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10075
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EMPIRE RESORTS INC
CENTRAL INDEX KEY: 0000906780
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810]
IRS NUMBER: 133714474
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 204 STATE ROUTE 17B
STREET 2: P.O. BOX 5013
CITY: MONTICELLO
STATE: NY
ZIP: 12701
BUSINESS PHONE: (845) 807-0001
MAIL ADDRESS:
STREET 1: 204 STATE ROUTE 17B
STREET 2: P.O. BOX 5013
CITY: MONTICELLO
STATE: NY
ZIP: 12701
FORMER COMPANY:
FORMER CONFORMED NAME: ALPHA HOSPITALITY CORP
DATE OF NAME CHANGE: 19930614
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-01-21
0
0000906780
EMPIRE RESORTS INC
NYNY
0001315915
PEARLMAN EMANUEL R
350 EAST 79TH STREET
NEW YORK
NY
10075
1
1
0
0
Executive Chairman
Restricted Stock Units
2019-01-21
4
A
0
50000
0.00
A
Common Stock, par value $.01 per share
50000
50000
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Empire Resorts, Inc. (the "Company"). The Company may also elect to settle the vested RSUs for cash at its discretion.
Mr. Pearlman was granted 50,000 RSUs under the Empire Resorts, Inc. 2015 Equity Incentive Plan, as amended (the "Plan"), which RSUs vest annually in three equal installments, with one third vesting on January 21, 2020, one third vesting on January 21, 2021 and one third vesting on January 21, 2022; provided that the RSUs shall vest immediately: (i) upon a Change in Control, or (ii) if Mr. Pearlman is terminated as Executive Chairman for any reason other than for Cause. Subject to Mr. Pearlman's continued employment with the Company, the shares of common stock deliverable upon vesting of the RSUs shall be delivered on January 21, 2022. All capitalized but undefined terms have the meanings ascribed thereto by the Plan.
/s/ Nanette L. Horner, by Power of Attorney
2019-01-23