SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 3, 2003
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STATION CASINOS, INC |
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(Exact name of registrant as specified in its charter) |
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Nevada |
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000-21640 |
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88-0136443 |
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(State or other
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(Commission |
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(I.R.S. Employer |
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2411 West Sahara Avenue, Las Vegas, Nevada |
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89102 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code: (702) 367-2411 |
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N/A |
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(Former name or former address, if changed since last report) |
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ITEM 5. OTHER EVENTS.
Glenn C. Christenson, Executive Vice President and Chief Financial Officer of the Company, has entered into a Rule 10b5-1 trading plan to sell up to 178,845 shares of the Company’s common stock upon the exercise of certain options. Included in the 178,845 shares, are 70,384 shares that were included in Mr. Christenson’s prior Rule 10b5-1 trading plan but were not sold prior to the expiration of that plan on October 31, 2003. Portions of the shares may be sold any time the stock achieves certain prearranged minimum prices and may take place beginning on November 3, 2003 and ending on January 30, 2003, unless sooner terminated. Mr. Christenson will have no control over the timing of any sales under the plan and there can be no assurance that the shares covered by the plan actually will be sold. Mr. Christenson entered into the plan in order to diversify his financial holdings, although he will continue to have a significant ownership interest in the Company.
This trading plan is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy. Rule 10b5-1 allows corporate insiders to establish prearranged written plans to buy or sell a specified number of shares of a company stock over a set period of time. A plan must be entered into in good faith at a time when the insider is not in possession of material, nonpublic information. Subsequent receipt by the insider of material, nonpublic information will not prevent transactions under the plans from being executed.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Station Casinos, Inc. |
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Date: November 3, 2003 |
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By: |
/s/ GLENN C. CHRISTENSON |
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Glenn C. Christenson |
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Executive Vice President, Chief |
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