PENN NATIONAL GAMING INC 4
4 · PENN NATIONAL GAMING INC · Filed Jan 6, 2017
Insider Transaction Report
Form 4
CRAMER HAROLD
Director
Transactions
- Award
Phantom Stock Units
2017-01-04+17,730→ 17,730 total→ Common Stock (17,730 underlying)
Footnotes (2)
- [F1]Upon vesting, the recipient is entitled to 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.
- [F2]The phantom stock units are scheduled to vest as follows: 4,433 units on January 4, 2018; 4,433 units on January 4, 2019; 4,432 units on January 4, 2020; and 4,432 units on January 4, 2021.