PENN NATIONAL GAMING INC 4
4 · PENN NATIONAL GAMING INC · Filed Feb 23, 2016
Insider Transaction Report
Form 4
CRAMER HAROLD
Director
Transactions
- Exercise/Conversion
Common Stock
2016-02-19+1,273→ 83,468 total - Disposition to Issuer
Common Stock
2016-02-19$13.94/sh−1,273$17,746→ 82,195 total - Exercise/Conversion
Phantom Stock Unit
2016-02-19−1,273→ 1,272 total→ Common Stock (1,273 underlying)
Footnotes (1)
- [F1]The recipient receives a cash payment for each unit equal to the fair market value on the vesting date of one share of the Company's common stock. Of the original award of phantom stock units, 1,273 units vested on February 19, 2016. The remaining 1,272 phantom stock units will vest on February 19, 2017.