-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ef+5ROZeSTEAdokrmM7/FUgA3Zb6ckve/Ei7EHWmSojg2TmVk7YoTAlcY2AOuo1P hGSa4udtxsopS+HFfL3Khg== 0001019056-10-001352.txt : 20101206 0001019056-10-001352.hdr.sgml : 20101206 20101206214357 ACCESSION NUMBER: 0001019056-10-001352 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101202 FILED AS OF DATE: 20101206 DATE AS OF CHANGE: 20101206 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CAPPELLI LOUIS CENTRAL INDEX KEY: 0001432054 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12522 FILM NUMBER: 101235479 MAIL ADDRESS: STREET 1: C/O CAPPELLI ENTERPRISES STREET 2: 115 STEVENS AVENUE CITY: VALHALLA STATE: NY ZIP: 10595 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: RT 17B STREET 2: P.O. BOX 5013 CITY: MONTICELLO STATE: NY ZIP: 12701 BUSINESS PHONE: (845) 807-0001 MAIL ADDRESS: STREET 1: RT 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LRC Acquisition LLC CENTRAL INDEX KEY: 0001437954 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12522 FILM NUMBER: 101235478 BUSINESS ADDRESS: STREET 1: C/O CAPPELLI ENTERPRISES, INC. STREET 2: 115 STEVENS AVENUE CITY: VALHALLA STATE: NY ZIP: 10595 BUSINESS PHONE: 914-769-6500 MAIL ADDRESS: STREET 1: C/O CAPPELLI ENTERPRISES, INC. STREET 2: 115 STEVENS AVENUE CITY: VALHALLA STATE: NY ZIP: 10595 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2010-12-02 0000906780 EMPIRE RESORTS INC NYNY 0001432054 CAPPELLI LOUIS C/O CAPPELLI ENTERPRISES, INC. 115 STEVENS AVENUE VALHALLA NY 10595 1 0 0 1 See footnote (1) 0001437954 LRC Acquisition LLC C/O CAPPELLI ENTERPRISES, INC. 115 STEVENS AVENUE VALHALLA NY 10595 0 0 0 1 See footnote (1) Common Stock, $0.1 par value per share 2010-12-02 4 S 0 100 1.10 D 5238219 I By LRC Acquisition LLC Common Stock, $0.1 par value per share 2010-12-03 4 S 0 22575 1.11 D 5215644 I By LRC Acquisition LLC Louis R. Cappelli ("Cappelli") serves as the managing member and majority owner of LRC Acquisition LLC ("LRC"), and indirectly owns 5,107,311 shares of Common Stock, $.01 par value per share, of Empire Resorts, Inc. (the "Company"). Cappelli directly owns (i) 98,333 options which are currently exercisable and (ii) 10,000 of restricted stock issued on January 4, 2010 pursuant to the Company's 2005 Equity Incentive Plan, which shares will vest on January 4, 2011. LRC directly owns 5,107,311 of shares. Each of Cappelli and LRC beneficially owns less than ten percent (10%) of the outstanding shares of the Company. Each of Cappelli and LRC disclaims beneficial ownership of the shares reported on this Form 4 other than the shares directly owned by such person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.11 to $1.14, inclusive. The Reporting Persons undertake to provide to Empire, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2). /s/ LOUIS R. CAPPELLI 2010-12-06 LRC ACQUISITION LLC /s/ LOUIS R. CAPPELLI, Managing Member 2010-12-06 -----END PRIVACY-ENHANCED MESSAGE-----