Sottosanti Carl 4
4 · PENN NATIONAL GAMING INC · Filed Aug 12, 2020
Insider Transaction Report
Form 4
Sottosanti Carl
Sr. Vice President/Gen Counsel
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2020-08-11−26,056→ 0 totalExercise: $12.87Exp: 2023-02-09→ Common Stock (26,056 underlying) - Exercise/Conversion
Common Stock
2020-08-10$12.87/sh+66,281$853,036→ 152,829 total - Sale
Common Stock
2020-08-10$47.09/sh−66,281$3,121,172→ 86,548 total - Sale
Common Stock
2020-08-11$47.14/sh−26,056$1,228,280→ 86,548 total - Exercise/Conversion
Common Stock
2020-08-11$12.87/sh+26,056$335,341→ 112,604 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-08-10−66,281→ 26,056 totalExercise: $12.87Exp: 2023-02-09→ Common Stock (66,281 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.00 to $47.24, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.00 to $47.45, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- [F3]The stock options vested in four installments on February 9, 2017, February 9, 2018, February 9, 2019 and February 9, 2020.