Michael A. Leven, President and Chief Operating Officer and a director of Las Vegas Sands Corp., has adopted a pre-arranged stock trading plan to exercise and sell a portion of his company stock options over time. This is “part of his individual long-term strategy for asset diversification, tax and family planning,” Las Vegas Sands said. Under his plan, Mr. Leven plans to sell up to 750,000 shares of company stock over a five-month period, with 150,000 stock option shares planned to be exercised and sold in each month from August through to December, 2010. If Mr. Leven completes all the planned option exercises and sales under his stock-trading plan, he will retain common and restricted stock ownership and vested and unvested options to acquire a total of 3,271,961 shares of company stock.
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