SEC Form 4 · accession 0001209191-17-016027
Gaming & Leisure Properties, Inc. · GLPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven T. Snyder
Officer — Sr VP-Corp Development
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 5:28 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 stockF1 | Feb 27, 2017 | M | 51,699 | $22.09 | A | 323,543 | D | |
| Common stockF1,F2 | Feb 27, 2017 | S | 43,000 | $32.23 | D | 280,543 | D | |
| Common stockF1 | Feb 28, 2017 | M | 40,810 | $22.09 | A | 321,353 | D | |
| Common stockF1 | Feb 28, 2017 | M | 88,085 | $17.34 | A | 409,438 | D | |
| Common stockF1 | Feb 28, 2017 | M | 92,509 | $20.40 | A | 501,947 | D | |
| Common stockF1,F3 | Feb 28, 2017 | S | 174,839 | $32.09 | D | 327,108 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options (right to buy)F1 | $22.09 | Feb 27, 2017 | M | 51,699 | D | Nov 3, 2015 | Jan 3, 2019 | Common stock | 51,699 | 40,810 | D |
| Non-Qualified Stock OptionsF1 | $22.09 | Feb 28, 2017 | M | 40,810 | D | Nov 3, 2016 | Jan 3, 2019 | Common stock | 40,810 | 0 | D |
| Non-Qualified Stock Options (right to buy)F1 | $17.34 | Feb 28, 2017 | M | 88,085 | D | Jan 3, 2013 | Jul 8, 2018 | Common stock | 88,085 | 0 | D |
| Non-Qualified Stock OptionsF1 | $20.40 | Feb 28, 2017 | M | 92,509 | D | Jan 3, 2015 | Jan 3, 2018 | Common stock | 92,509 | 0 | D |
Explanation of responses
- F1The identified transactions set forth on this Form 4 were made pursuant to a stock trading plan executed by Mr. Snyder on December 6, 2016 pursuant to Rule 10b5-1.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.1 to $32.36, inclusive. The reporting person undertakes to provide to Gaming and Leisure Properties, Inc., any security holder of Gaming and Leisure Properties, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32 to $32.28, inclusive. The reporting person undertakes to provide to Gaming and Leisure Properties, Inc., any security holder of Gaming and Leisure Properties, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.