PENN NATIONAL GAMING INC 4
4 · PENN NATIONAL GAMING INC · Filed Mar 15, 2017
Insider Transaction Report
Form 4
CRAMER HAROLD
Director
Transactions
- Disposition to Issuer
Common Stock
2017-03-13$14.94/sh−4,362$65,168→ 82,195 total - Exercise/Conversion
Phantom Stock Unit
2017-03-13−4,362→ 4,361 total→ Common Stock (4,362 underlying) - Exercise/Conversion
Common Stock
2017-03-13+4,362→ 86,557 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, 4,362 units vested on March 13, 2017. The remaining 4,361 phantom stock units will vest on March 13, 2018.