Filing Details

Accession Number:
0001209191-20-046656
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-13 18:20:04
Reporting Period:
2020-08-11
Accepted Time:
2020-08-13 18:20:04
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
1761991 Christine Labombard 825 Berkshire Blvd., Suite 200
Wyomissing PA 19610
Svp And Cao No Yes 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 2020-08-11 2,546 $29.92 34,998 No 4 M Direct
Common Stock Disposition 2020-08-11 2,546 $49.10 32,452 No 4 D Direct
Common Stock Acquisiton 2020-08-11 6,540 $19.45 38,992 No 4 M Direct
Common Stock Disposition 2020-08-11 6,540 $49.03 32,452 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 D 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 Stock Appreciation Rights Disposition 2020-08-11 2,546 $0.00 2,546 $29.92
Common Stock Stock Options (Right to Buy) Disposition 2020-08-11 6,540 $0.00 6,540 $19.45
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,637 2028-10-15 No 4 M Direct
19,618 2029-01-03 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.00 to $49.07, inclusive. 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 sold at each separate price within the range set forth in footnote (1) to this Form 4.
  2. The stock appreciation rights vest in four installments on October 15, 2019, October 15, 2020, October 15, 2021 and October 15, 2022.
  3. The stock options vest in four installments on January 3, 2020, January 3, 2021, January 3, 2022 and January 3, 2023.