SEC Form 4 · accession 0001179110-15-001618
PENN Entertainment, Inc. · PENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kohn Barbara Shattuck
Director
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 5:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000921738
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | — | Jan 30, 2015 | A | 18,208 | A | — | — | Common Stock | 18,208 | 18,208 | D |
Explanation of responses
- F1Upon vesting, the recipient is entitled to 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.
- F2The Phantom Stock Unit is scheduled to vest as follows: 4,552 units on January 30, 2016; 4,552 units on January 30, 2017; 4,552 units on January 30, 2018 and 4,552 units on January 30, 2019.