4//SEC Filing
Sottosanti Carl 4
Accession 0001209191-20-056090
CIK 0000921738other
Filed
Oct 27, 8:00 PM ET
Accepted
Oct 28, 4:36 PM ET
Size
16.6 KB
Accession
0001209191-20-056090
Insider Transaction Report
Form 4
Sottosanti Carl
Sr. Vice President/Gen Counsel
Transactions
- Exercise/Conversion
Common Stock
2020-10-26$14.10/sh+24,658$347,678→ 111,206 total - Exercise/Conversion
Common Stock
2020-10-26$14.10/sh+28,708$404,783→ 115,256 total - Sale
Common Stock
2020-10-26$60.49/sh−24,658$1,491,562→ 86,548 total - Exercise/Conversion
Common Stock
2020-10-26$14.10/sh+10,574$149,093→ 97,122 total - Sale
Common Stock
2020-10-26$59.63/sh−28,708$1,711,858→ 86,548 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-10-26−63,940→ 21,313 totalExercise: $14.10Exp: 2024-01-04→ Common Stock (63,940 underlying) - Sale
Common Stock
2020-10-26$61.25/sh−10,574$647,658→ 86,548 total
Footnotes (5)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2020.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.14 to $59.94, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.02 to $60.99, 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 (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.44, 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 (4) to this Form 4.
- [F5]The stock options vest in four annual installments on January 4, 2018, January 4, 2019, January 4, 2020, and January 4, 2021.
Documents
Issuer
PENN NATIONAL GAMING INC
CIK 0000921738
Entity typeother
Related Parties
1- filerCIK 0001598259
Filing Metadata
- Form type
- 4
- Filed
- Oct 27, 8:00 PM ET
- Accepted
- Oct 28, 4:36 PM ET
- Size
- 16.6 KB