SEC Form 4 · accession 0001179110-15-002187
PENN Entertainment, Inc. · PENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Wilmott
Officer — President & CEO · Director
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 11:27 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000921738
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 6, 2015 | M | 9,634 | — | A | 248,257 | D | |
| Common Stock | Feb 6, 2015 | D | 9,634 | $15.98 | D | 238,623 | 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 | — | Feb 6, 2015 | M | 9,634 | D | — | — | Common Stock | 9,634 | 9,634 | 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. Of the original award of phantom stock units, 9,634 units vested on February 6, 2015. The remaining 9,634 phantom stock units will vest on February 6, 2016.