Edgar Filing: BOYD WILLIAM S

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT 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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3235-0287

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January 31, 2005

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BOYD WILLIAM S

2. Issuer Name and Ticker or Trading Symbol
BOYD GAMING CORP [BYD]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chief Executive Officer

(Last)

(First)

(Middle)

2950 INDUSTRIAL ROAD

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2005

(Street)

LAS VEGAS, NV 89109

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/20/2005		J		229,808	D	⁽¹⁾	229,808	I	By Annuity Trust ⁽¹⁾
Common Stock	11/20/2005		J		262,554	D	⁽²⁾	262,554	I	By Annuity Trust ⁽²⁾
Common Stock	11/20/2005		J		109,243	D	⁽³⁾	109,243	I	By Annuity Trust ⁽³⁾
Common Stock	11/20/2005		J		114,768	D	⁽⁴⁾	114,768	I	By Annuity Trust ⁽⁴⁾
Common Stock	11/20/2005		J		12,934	D	⁽⁵⁾	12,934	I	By Annuity Trust ⁽⁵⁾
Common Stock	11/20/2005		J		23,712	D	⁽⁶⁾	23,712	I	By Annuity Trust ⁽⁶⁾
Common Stock	11/20/2005		J		12,801	D	⁽⁷⁾	12,801	I	By Annuity Trust ⁽⁷⁾
Common Stock	11/20/2005		J		22,545	D	⁽⁸⁾	22,545	I	By Annuity Trust ⁽⁸⁾
Common Stock	11/20/2005		J		9,920	D	⁽⁹⁾	9,920	I	By Annuity Trust ⁽⁹⁾
Common Stock	11/20/2005		J		17,421	D	⁽¹⁰⁾	17,421	I	By Annuity Trust ⁽¹⁰⁾
Common Stock	11/20/2005		J		761,178	D	⁽¹¹⁾	761,178	I	By Annuity Trust ⁽¹¹⁾
Common Stock	11/20/2005		J		2,064,010	D	⁽¹²⁾	2,064,010	I	By Annuity Trust ⁽¹²⁾
Common Stock	11/20/2005		J		2,591,207	D	⁽¹³⁾	2,591,207	I	By Annuity Trust ⁽¹³⁾
Common Stock	11/20/2005		J		2,608,686	D	⁽¹⁴⁾	2,608,686	I	By Annuity Trust ⁽¹⁴⁾
Common Stock	11/20/2005		J		2,664,178	D	⁽¹⁵⁾	2,664,178	I	By Annuity Trust ⁽¹⁵⁾
Common Stock								14,680,779	I	By Trust ⁽¹⁶⁾
Common Stock								34,245	I	By Corporation ⁽¹⁷⁾
Common Stock								28,000	I	By Corporation ⁽¹⁸⁾

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)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

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)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BOYD WILLIAM S 2950 INDUSTRIAL ROAD LAS VEGAS, NV 89109	X	X	Chief Executive Officer

Signatures

Brian A. Larson, Attorney-in-Fact for William S. Boyd		02/07/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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)	On November 20, 2005, the Reporting Person resigned as trustee of the William S. Boyd Grantor Retained Annuity Trust #2, dated October 28, 1997 ("WSB GRAT #2"), and pursuant to the terms of the documents governing WSB GRAT#2, Marianne Boyd Johnson (the Reporting Person's daughter) succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(2)	On November 20, 2005, the Reporting Person resigned as trustee of the William S. Boyd Grantor Retained Annuity Trust #3, dated October 28, 1997 ("WSB GRAT #3"), and pursuant to the terms of the documents governing WSB GRAT#3, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(3)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-99 Grantor Retained Annuity Trust #2, dated October 20, 1999 ("BG-99 GRAT #2"), and pursuant to the terms of the documents governing BG-99 GRAT#2, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(4)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-99 Grantor Retained Annuity Trust #3, dated October 20, 1999 ("BG-99 GRAT #3"), and pursuant to the terms of the documents governing BG-99 GRAT#3, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(5)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-00 Grantor Retained Annuity Trust #2, dated October 22, 2000 ("BG-00 GRAT #2"), and pursuant to the terms of the documents governing BG-00 GRAT#2, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(6)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-00 Grantor Retained Annuity Trust #3, dated October 22, 2000 ("BG-00 GRAT #3"), and pursuant to the terms of the documents governing BG-00 GRAT#3, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(7)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-01 Grantor Retained Annuity Trust #2, dated February 6, 2002, ("BG-01 GRAT #2"), and pursuant to the terms of the documents governing BG-01 GRAT#2, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(8)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-01 Grantor Retained Annuity Trust #3, dated February 6, 2002, ("BG-01 GRAT #3"), and pursuant to the terms of the documents governing BG-01 GRAT#3, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(9)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-02 Grantor Retained Annuity Trust #2, dated October 25, 2002, ("BG-02 GRAT #2"), and pursuant to the terms of the documents governing BG-02 GRAT#2, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(10)	On November 20, 2005, the Reporting Person resigned as trustee of the BG-02 Grantor Retained Annuity Trust #3, dated October 25, 2002, ("BG-02 GRAT #3"), and pursuant to the terms of the documents governing BG-02 GRAT#3, Ms. Johnson succeeded the Reporting Person as trustee upon his resignation. No funds or other consideration was paid in connection with the transaction.
(11)	On November 20, 2005, W.S.B., Inc., which is wholly owned by The William S. Boyd Gaming Properties Trust ("WSBGPT"), of which the Reporting Person is the trustee, settlor and beneficiary, resigned as general partner of the W.M. Limited Partnership ("W.M. LP"), and pursuant to the terms of the documents governing the W.M. LP, The Marianne Boyd Gaming PropertiesTrust ("MBGPT"), of which Ms. Johnson is the trustee, settlor and beneficiary, succeeded as general partner thereof. No funds or other consideration was paid in connection with the transaction.
(12)	On November 20, 2005, W.S.B., Inc., which is wholly owned by WSBGPT, resigned as general partner of the BG-99 Limited Partnership ("BG-99 LP"), and pursuant to the terms of the documents governing the BG-99 LP, the MBGPT succeeded as general partner thereof. No funds or other consideration was paid in connection with the transaction.
(13)	On November 20, 2005, W.S.B., Inc., which is wholly owned by WSBGPT, resigned as general partner of the BG-00 Limited Partnership ("BG-00 LP"), and pursuant to the terms of the documents governing the BG-00 LP, the MBGPT succeeded as general partner thereof. No funds or other consideration was paid in connection with the transaction.
(14)	On November 20, 2005, W.S.B., Inc., which is wholly owned by WSBGPT, resigned as general partner of the BG-01 Limited Partnership ("BG-01 LP"), and pursuant to the terms of the documents governing the BG-01 LP, the MBGPT succeeded as general partner thereof. No funds or other consideration was paid in connection with the transaction.
(15)	On November 20, 2005, W.S.B., Inc., which is wholly owned by WSBGPT, resigned as general partner of the BG-02 Limited Partnership ("BG-02 LP"), and pursuant to the terms of the documents governing the BG-02 LP, the MBGPT succeeded as general partner thereof. No funds or other consideration was paid in connection with the transaction.
(16)	By William S. Boyd Gaming Properties Trust, of which reporting person is the trustee, settlor and beneficiary.
(17)	By W.S.B., Inc., the reporting person's wholly owned corporation.
(18)	By William S. Boyd Family Corporation, the reporting person's wholly owned corporation.

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