SEC Form 4 · accession 0001209191-15-076496
Gaming & Leisure Properties, Inc. · GLPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Clifford
Officer — Sr VP-Chief Financial Officer
Period of report
Oct 20, 2015
Accepted (ET)
Oct 22, 2015 · 7:02 pm EDT
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 StockF1 | Oct 20, 2015 | M | 4,921 | — | A | 113,249 | D | |
| Common Stock | Oct 20, 2015 | D | 4,921 | $30.06 | D | 108,328 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF1 | — | Oct 20, 2015 | M | 4,921 | D | Oct 20, 2015 | Oct 20, 2015 | Common Stock | 4,921 | 0 | D |
Explanation of responses
- 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. Pursuant to the Company's 2013 Long Term Incentive Compensation Plan, "fair market value" is the closing sales price on the immediately preceding business day of a share of the Company's Common Stock as reported on the principal securities exchange on which shares of the Company's Common Stock are then listed or admitted to trading.