PENN NATIONAL GAMING INC 4
4 · PENN NATIONAL GAMING INC · Filed Sep 18, 2013
Insider Transaction Report
Form 4
Burke Thomas
Sr VP-Regional Operations
Transactions
- Sale
Common Stock
2013-09-18$56.02/sh−4,600$257,692→ 47,254 total - Exercise/Conversion
Non Qualified Stock Options (right to buy)
2013-09-16−1,292→ 4,600 totalExercise: $29.87From: 2009-07-08Exp: 2018-07-08→ Common Stock (1,292 underlying) - Exercise/Conversion
Non Qualified Stock Options (right to sell)
2013-09-18−4,600→ 0 totalExercise: $29.87From: 2011-07-08Exp: 2018-07-08→ Common Stock (4,600 underlying) - Sale
Common Stock
2013-09-16$55.74/sh−10,000$557,400→ 47,254 total - Exercise/Conversion
Common Stock
2013-09-16$29.87/sh+1,292$38,592→ 48,546 total - Sale
Common Stock
2013-09-16$56.10/sh−1,292$72,481→ 47,254 total - Exercise/Conversion
Common Stock
2013-09-18$29.87/sh+4,600$137,402→ 51,854 total - Exercise/Conversion
Non Qualified Stock Options (right to buy)
2013-09-16−10,000→ 10,000 totalExercise: $27.19From: 2013-01-02Exp: 2017-01-02→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2013-09-16$2719.00/sh+10,000$27,190,000→ 57,254 total
Footnotes (4)
- [F1]These transactions on this form 4 were made pursuant to a stock trading plan, executed by Mr. Burke on June 4, 2013 and amended August 30, 2013, established pursuant to rule 10b5-1.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.43 to $56.24, 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 ranges set forth in the footnote to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.00 to $56.21, 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 ranges set forth in the footnote to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.00 to $56.05, 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 ranges set forth in the footnote to this Form 4.