Filing Details

Accession Number:
0001179110-17-013226
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-10-10 16:55:50
Reporting Period:
2017-10-05
Accepted Time:
2017-10-10 16:55:50
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
1200753 J Timothy Wilmott 825 Berkshire Blvd
Suite 200
Wyomissing PA 19610
Chief Executive Officer Yes 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 2017-10-05 64,416 $8.19 520,116 No 4 M Direct
Common Stock Disposition 2017-10-05 64,416 $24.14 455,700 No 4 S Direct
Common Stock Acquisiton 2017-10-06 20,020 $8.19 475,720 No 4 M Direct
Common Stock Disposition 2017-10-06 20,020 $24.07 455,700 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 2017-10-05 64,416 $0.00 64,416 $8.19
Common Stock Non Qualified Stock Options (right to buy) Disposition 2017-10-06 20,020 $0.00 20,020 $8.19
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
35,584 2018-01-03 No 4 M Direct
15,564 2018-01-03 No 4 M Direct
Footnotes
  1. The transactions on this Form 4 were made pursuant to a stock trading plan established pursuant to rule 10b5-1. The options subject to the transactions reported on this Form 4 would have expired on January 3, 2018.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.00 to $24.62. 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.
  3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.00 to $24.29. 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.
  4. The option award, representing a right to purchase 200,000 shares, became exercisable in four equal installments on the anniversary date of the grant, beginning January 3, 2012 and expiring on January 3, 2018.