SEC Form 4 · accession 0001593968-19-000123
Gaming & Leisure Properties, Inc. · GLPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter M Carlino
Officer — Chairman,CEO,President · Director
Period of report
Jan 7, 2019
Accepted (ET)
Jan 8, 2019 · 2:21 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 | Jan 7, 2019 | A | 220,000 | $0.00 | A | 4,638,974 | D | |
| Common Stock | Jan 7, 2019 | F | 95,656 | $32.97 | D | 4,543,318 | D | |
| Common StockF2 | Jan 7, 2019 | A | 49,312 | $0.00 | A | 4,592,630 | D | |
| Common Stock | Jan 7, 2019 | F | 21,441 | $32.97 | D | 4,571,189 | D | |
| Common StockF3 | holding | — | — | — | 6,818,515 | I | By Trusts |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects performance-based restricted stock earned and paid on January 7, 2019. The award had a performance period beginning on January 4, 2016 and ending December 31, 2018. The shares which vested at the end of the performance period was based upon the Company's three-year total shareholder return ranking among the three-year return of the companies included in the MSCI US REIT Index.
- F2Represents receipt of dividends related to performance-based restricted stock that accrued during the applicable performance period on the shares earned and paid on January 7, 2019.
- F3Includes (i) 436,701 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) 6,381,814 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.