Filing Details
- Accession Number:
- 0001179110-16-032343
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-02 17:19:09
- Reporting Period:
- 2016-11-30
- Filing Date:
- 2016-12-02
- Accepted Time:
- 2016-12-02 17:19:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 921738 | Penn National Gaming Inc | PENN | Hotels & Motels (7011) | 232234473 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1211342 | M Peter Carlino | 825 Berkshire Blvd Suite 200 Wyomissing PA 19610 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-11-30 | 84,123 | $9.70 | 296,807 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-30 | 84,123 | $13.26 | 212,684 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2016-11-30 | 84,123 | $6.34 | 296,807 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-30 | 84,123 | $13.26 | 212,684 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Options (right to buy) | Disposition | 2016-11-30 | 84,123 | $0.00 | 84,123 | $9.70 |
| Common Stock | Non-Qualified Stock Options (right to buy) | Disposition | 2016-11-30 | 84,123 | $0.00 | 84,123 | $6.34 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2011-01-02 | 2017-01-02 | No | 4 | M | Direct |
| 0 | 2014-01-02 | 2017-01-02 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 6,124,528 | Indirect | By Trusts |
Footnotes
- The options subject to the transactions reported on this Form 4 would have expired on January 2, 2017.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.10 to $13.58. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in the footnote to this Form 4.
- Includes 5,759,316 shares held by the Carlino Family Trust, as to which Peter M. Carlino has sole voting power for certain matters. The reporting person disclaims beneficial ownership of the shares owned by the trust, except to the extent to of his pecuniary interest therein, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- Includes 365,212 shares owned by a residuary trust for the benefit of Peter D. Carlino and Peter D. Carlino's children. The reporting person is a trustee of the residuary trust with shared voting and investment power. The reporting person disclaims beneficial ownership of the shares owned by the residuary trust, except to the extent to of his pecuniary interest therein, and this report should not be deemed an admission the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
Billionaire Hedge Funds
