Reibstein Saul 4
4 · PENN Entertainment, Inc. · Filed Aug 17, 2022
Insider Transaction Report
Form 4
Reibstein Saul
Director
Transactions
- Sale
Common Stock
2022-08-15$38.03/sh−5,086$193,421→ 34,663 total - Exercise/Conversion
Stock Options (Right to Buy)
2022-08-15−5,086→ 39,457 totalExercise: $12.87Exp: 2023-02-09→ Common Stock (5,086 underlying) - Exercise/Conversion
Common Stock
2022-08-15$12.87/sh+5,086$65,457→ 39,749 total
Holdings
- 150(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.00 to $38.11, 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 (1) to this Form 4.
- [F2]Mr. Reibstein disclaims beneficial ownership of all of the shares owned by his spouse, 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.
- [F3]The stock options vested in four installments on February 9, 2017, February 9, 2018, February 9, 2019, and February 9, 2020.