PENN NATIONAL GAMING INC 4
4 · PENN NATIONAL GAMING INC · Filed Mar 15, 2016
Insider Transaction Report
Form 4
CRAMER HAROLD
Director
Transactions
- Exercise/Conversion
Common Stock
2016-03-13+4,361→ 86,556 total - Disposition to Issuer
Common Stock
2016-03-13$14.58/sh−4,361$63,583→ 82,195 total - Exercise/Conversion
Phantom Stock Unit
2016-03-13−4,361→ 8,723 total→ Common Stock (4,361 underlying)
Footnotes (1)
- [F1]The recipient 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. Of the original award of phantom stock units, 4,361 units vested on March 13, 2016. The remaining phantom stock units will vest as follows: 4,362 units on March 13, 2017 and 4,361 on March 13, 2018.