PENN NATIONAL GAMING INC 4
4 · PENN NATIONAL GAMING INC · Filed Feb 1, 2017
Insider Transaction Report
Form 4
CRAMER HAROLD
Director
Transactions
- Exercise/Conversion
Common Stock
2017-01-30+4,552→ 86,747 total - Exercise/Conversion
Phantom Stock Unit
2017-01-30−4,552→ 9,104 total→ Common Stock (4,552 underlying) - Disposition to Issuer
Common Stock
2017-01-30$13.98/sh−4,552$63,637→ 82,195 total
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, 4,552 units vested on January 30, 2017. Of the remaining phantom stock units, 4,552 units will vest on each of January 30, 2018 and January 30, 2019.