SEC Form 4 · accession 0001209191-15-008292

Gaming & Leisure Properties, Inc. · GLPI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO and President · Director · 10% Owner

Period of report

Jan 29, 2015

Accepted (ET)

Feb 2, 2015 · 4:59 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001575965

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jan 29, 2015	M	16,912	—	A	3,259,313	D
Common Stock	Jan 29, 2015	D	16,912	$32.80	D	3,242,401	D
Common Stock^F2	holding	—	—		—	7,999,716	I	By Trusts

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock Units^F1	—	Jan 29, 2015	M	16,912	D	—	—	Common Stock	16,912	33,824	D

F1The 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 Common Stock. Of the original award of Phantom Stock Units, 16,912 units vested on January 29, 2015. The remaining Phantom Stock Units will vest as follows: 16,912 units on January 29, 2016 and 16,912 on January 29, 2017.
F2Includes: (i) 436,700 shares owned by a residuary trust for the benefit of Peter D. Carlino and Peter D. Carlino's children, as to which Mr. Carlino has shared voting and investment power; and (ii) 7,563,016 shares held by the Carlino Family Trust, as to which Peter M. Carlino has sole voting power for certain matters. The reporting person disclaims beneficial ownership of the shares owned by the trusts, except to the extent of his pecuniary interest therein, and this report should not be deemed an admission the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.