Fair William J 4
4 · PENN NATIONAL GAMING INC · Filed Jul 25, 2017
Insider Transaction Report
Form 4
Fair William J
Sr. VP & Chief Dev Officer
Transactions
- Exercise/Conversion
Phantom Stock Units
2017-07-23+28,735→ 0 total→ Common Stock (28,735 underlying) - Disposition to Issuer
Common Stock
2017-07-23$20.50/sh−28,735$589,068→ 8,189 total - Exercise/Conversion
Common Stock
2017-07-23+28,735→ 36,924 total
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 stock. Represents the last vesting of phantom stock units granted on July 23, 2014 to all executive officers in connection with one-time equity awards made in 2014 under the Transition Award Program.