Filing Details

Accession Number:
0000950142-12-002379
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-17 21:06:23
Reporting Period:
2012-12-13
Filing Date:
2012-12-17
Accepted Time:
2012-12-17 21:06:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1300514 Las Vegas Sands Corp LVS Hotels & Motels (7011) 270099920
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1292642 J Kenneth Kay 3355 Las Vegas Boulevard South
Las Vegas NV 89109
Evp & Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-12-13 25,000 $4.98 25,211 No 4 M Direct
Common Stock Disposition 2012-12-13 25,000 $45.60 211 No 4 S Direct
Common Stock Acquisiton 2012-12-13 75,000 $13.34 75,211 No 4 M Direct
Common Stock Disposition 2012-12-13 75,000 $45.60 211 No 4 S Direct
Common Stock Acquisiton 2012-12-13 22,000 $22.97 22,211 No 4 M Direct
Common Stock Disposition 2012-12-13 22,000 $45.60 211 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (Right to Buy) Disposition 2012-12-13 25,000 $0.00 25,000 $4.98
Common Stock Option (Right to Buy) Disposition 2012-12-13 75,000 $0.00 75,000 $13.34
Common Stock Option (Right to Buy) Disposition 2012-12-13 22,000 $0.00 22,000 $22.97
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,000 2019-06-17 No 4 M Direct
150,000 2020-02-22 No 4 M Direct
44,000 2020-06-10 No 4 M Direct
Footnotes
  1. Shares sold in connection with the exercise of stock options on December 13, 2012.
  2. This transaction was executed in multiple trades at prices ranging from $45.50 to $45.85. 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.
  3. 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.
  4. The Reporting Person was granted options to purchase 100,000 shares on June 18, 2009, of which 25,000 vested on June 18, 2010, June 18, 2011, and June 18, 2012, and 25,000 will vest on June 18, 2013.
  5. The Reporting Person was granted options to purchase 300,000 shares on February 23, 2010, of which 75,000 vested on February 23, 2011, and February 23, 2012, and 75,000 will vest on February 23, 2013, and February 23, 2014.
  6. The Reporting Person was granted options to purchase 88,000 shares on June 11, 2010, of which 22,000 vested on June 11, 2011, and June 11, 2012, and 22,000 will vest on June 11, 2013, and June 11, 2014.