0001127602-11-030422.txt : 20111122 0001127602-11-030422.hdr.sgml : 20111122 20111122215950 ACCESSION NUMBER: 0001127602-11-030422 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111121 FILED AS OF DATE: 20111122 DATE AS OF CHANGE: 20111122 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WALSH PETER CENTRAL INDEX KEY: 0001209843 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22494 FILM NUMBER: 111223532 MAIL ADDRESS: STREET 1: AMERISTAR CASINOS STREET 2: 3773 HOWARD HUGHES SUITE 490 S CITY: LAS VAGAS STATE: NV ZIP: 89109 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AMERISTAR CASINOS INC CENTRAL INDEX KEY: 0000912145 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 880304799 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3773 HOWARD HUGHES PKWY STREET 2: SUITE 490 SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89169 BUSINESS PHONE: 7025677000 MAIL ADDRESS: STREET 1: 3773 HOWARD HUGHES PKWY STREET 2: SUITE 490 SOUTH CITY: LAS VEGAS STATE: NV ZIP: 89169 4 1 form4.xml PRIMARY DOCUMENT X0304 4 2011-11-21 0000912145 AMERISTAR CASINOS INC ASCA 0001209843 WALSH PETER 16633 VENTURA BOULEVARD SUITE 1050 ENCINO CA 91436 1 SVP, GC, Chief Admin Officer Employee Stock Option (Right to Buy) 17.62 2011-11-21 4 A 0 133656 0 A 2021-11-21 Common Stock 133656 133656 I Family Trust Vesting is contingent on service through December 31, 2015, or a qualifying termination of service on or after January 1, 2015, in which case vesting may be proportionate to the period of service (the "Service Requirement"). Subject to satisfaction of the Service Requirement, the option becomes exercisable, if at all, (a) in tranches of 52,366, 40,125 and 41,165 shares if the average of the closing prices of the Issuer's common stock on the Nasdaq Global Select Market over 30 consecutive trading days equals or exceeds $41.00, $46.00 and $51.00, respectively, by December 31, 2018, or (b) in its entirety if the total shareholder return (assuming reinvestment of dividends) on the Issuer's common stock is positive and exceeds that of each of four specified publicly traded peer companies over the period from the date of grant through December 31, 2018. In the event that, at the time of exercise, the fair market value per share of the Issuer's common stock exceeds the exercise price of the option by more than $55.00, the number of shares delivered upon exercise of the option shall be reduced to effectively limit the maximum gain to the option holder to $55.00 per share on the number of shares for which the option was originally granted. Securities owned by the Walsh Family Trust dated 9-11-03, of which Mr. Walsh and his spouse are co-trustees. /s/ Peter C. Walsh 2011-11-22