Filing Details
- Accession Number:
- 0001140361-23-059612
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-27 16:10:25
- Reporting Period:
- 2023-12-26
- Accepted Time:
- 2023-12-27 16:10:25
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
921738 | Penn Entertainment Inc. | PENN | Hotels & Motels (7011) | 232234473 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1532579 | A Jay Snowden | 825 Berkshire Blvd. Suite 200 Wyomissing PA 19610 | President And Ceo | No | 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 | 2023-12-26 | 219,222 | $14.10 | 862,002 | No | 4 | M | Direct | |
Common Stock | Disposition | 2023-12-26 | 172,930 | $25.25 | 689,072 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 Options (Right to Buy) | Disposition | 2023-12-26 | 219,222 | $0.00 | 219,222 | $14.10 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2024-01-04 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The stock options exercised by the reporting person on December 26, 2023 are scheduled to expire on January 4, 2024. This was a broker-assisted cashless exercise and hold transaction and therefore the proceeds from the sales were used solely to pay the exercise price, cover withholding taxes and pay broker fees and commissions.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.98 to $25.4828, inclusive. The reporting person undertakes to provide to Penn Entertainment, Inc., any security holder of Penn Entertainment, 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 (2) to this Form 4.
- The stock options vested in four annual installments beginning on January 4, 2018.