X0202 4 2007-01-31 0001162556 DOVER DOWNS GAMING & ENTERTAINMENT INC DDE 0001205798 SUTOR EDWARD J 1131 N. DUPONT HIGHWAY DOVER DE 19901 0 1 0 0 Executive Vice Pres. & COO Common Stock, $.10 par value 2007-01-31 4 M 0 66161 7.44 A 96386 D Options granted 03/18/1999 7.44 2007-01-31 4 M 0 66161 7.44 D 2007-03-17 Common Stock 66161 0 D Options granted 05/05/2000 5.99 2008-05-04 Common Stock 28354 28354 D Options granted 05/02/2002 7.97 2010-05-01 Common Stock 13500 13500 D Options granted 05/02/2002 7.97 2010-05-01 Common Stock 13500 13500 D Options granted 01/03/2003 6.34 2011-01-02 Common Stock 30000 30000 D Includes 25,500 shares of restricted stock granted under the Company's Incentive Stock Plan in transactions exempt under Rule 16b-3 (full amount of original grant, whether or not vested, less shares disposed of, if any). Shares vest one fifth per year beginning on the second anniversary of the grant date (beneficial ownership in unvested shares is disclaimed for Section 16 purposes). Grant dates and number of shares granted were: January 3, 2007: 6,000 shares; January 3, 2006: 7,500 shares; January 3, 2005: 6,000 shares; and April 28, 2004: 6,000 shares. Eight-year options with exercisability phasing in. Beginning one year after date of grant, one-sixth becomes exercisable. An additional one-sixth becomes exercisable over the succeeding five years. Eight-year options with exercisability phasing in as follows: 5/5/01 - 3,001 shares; 5/5/02 - 3,001 shares; 5/5/03 - 3,001 shares; 5/5/04 - 3,001 shares; 5/5/05 - 3,004 shares; and 5/5/06 - 13,346 shares. Eight-year options with exercisability phasing in as follows: 5/2/06 - 2,520 shares; 5/2/07 - 6,480 shares; 5/2/08 - 4,500 shares. Eight-year options with exercisability phasing in as follows: 1/3/07 - 7,629 shares; 1/3/08 - 10,117 shares; 1/3/09 - 12,254 shares. Previously reported. Elia D. Trowbridge via Power of Attorney Filed With the Securities & Exchange Commission 2007-02-02