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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (2) | $ 11.6125 | 04/21/2006 | M | 60,000 | 03/23/2002(3) | 03/23/2011 | Common Stock | 60,000 | $ 0 | 0 | I | By Trust (1) | |||
Employee Stock Option (2) | $ 18.98 | 04/21/2006 | M | 19,200 | 12/31/2003(3) | 12/31/2012 | Common Stock | 19,200 | $ 0 | 19,200 | I | By Trust (1) | |||
Employee Stock Option (2) | $ 19.46 | 04/21/2006 | M | 5,120 | 03/23/2004(3) | 03/23/2013 | Common Stock | 5,120 | $ 0 | 10,240 | I | By Trust (1) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PENNINGTON RICHARD 9295 PROTOTYPE DRIVE RENO, NV 89521 |
Executive Vice President |
Richard Pennington | 04/25/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Pennington Family Trust dated March 01, 2001 |
(2) | Employee Stock Option (right to buy) granted pursuant to the International Game Technology Stock Option Plan. |
(3) | The option became exercisable in equal annual installments over a five year period, at the rate of 20% per year, commencing on the first anniversary of the date of the grant. |
Remarks: All of the transctions reported on this Form 4 were effected on Friday, April 21, 2006 and in the aggregate 74,320 shares were sold at an average price of $36.50. Pursuant to the requirements of Form 4 all transactions on this day that were effected at different prices are reported on separate lines. Because of numerous minor variations in the sale prices and a limitation in the number of lines available for a single Form 4 in the SEC's EDGAR filer system, the sales effected on Friday, April 21, 2006 are being reported on two Forms 4. |