Statement of Changes in Beneficial Ownership (4)
January 05 2022 - 6:02PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
NAPLES RONALD J |
2. Issuer Name and Ticker or Trading Symbol
PENN NATIONAL GAMING INC
[
PENN
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
825 BERKSHIRE BLVD., SUITE 200 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/3/2022 |
(Street)
WYOMISSING, PA 19610
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 1/3/2022 | | M | | 2033 | A | (1) | 15462 | D | |
Common Stock | 1/3/2022 | | D | | 2033 | D | $51.85 | 13429 | D | |
Common Stock | 1/3/2022 | | M | | 4284 | A | (1) | 17713 | D | |
Common Stock | 1/3/2022 | | D | | 4284 | D | $51.85 | 13429 | D | |
Common Stock | 1/4/2022 | | A | | 4937 (2) | A | $0 | 18366 | D | |
Common Stock | 1/5/2022 | | M | | 3091 | A | (1) | 21457 | D | |
Common Stock | 1/5/2022 | | D | | 3091 | D | $49.77 | 18366 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Phantom Stock Units | (1) | 1/3/2022 | | M | | | 2033 | 1/3/2022 | 1/3/2022 | Common Stock | 2033 | (1) | 0 | D | |
Phantom Stock Units | (1) | 1/3/2022 | | M | | | 4284 | 1/3/2022 | 1/3/2022 | Common Stock | 4284 | (1) | 0 | D | |
Phantom Stock Units | (1) | 1/5/2022 | | M | | | 3091 | 1/5/2022 | 1/5/2022 | Common Stock | 3091 | (1) | 0 | D | |
Explanation of Responses: |
(1) | The reporting person receives a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock. |
(2) | The securities reported are shares of restricted stock that vest on January 4, 2023. The reporting person elected to receive the 2022 annual equity award for directors in shares of restricted stock. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
NAPLES RONALD J 825 BERKSHIRE BLVD. SUITE 200 WYOMISSING, PA 19610 | X |
|
|
|
Signatures
|
/s/ Cameron Williams, Attorney-In-Fact for Ronald Naples | | 1/5/2022 |
**Signature of Reporting Person | Date |
PENN Entertainment (NASDAQ:PENN)
Historical Stock Chart
From Aug 2024 to Sep 2024
PENN Entertainment (NASDAQ:PENN)
Historical Stock Chart
From Sep 2023 to Sep 2024