SEC Form 4 · accession 0001179110-15-006472
PENN Entertainment, Inc. · PENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jane Scaccetti
Director
Period of report
Apr 17, 2015
Accepted (ET)
Apr 21, 2015 · 4:41 pm EDT
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 | — | Apr 17, 2015 | A | 15,924 | A | — | — | Common Stock | 15,924 | 15,924 | 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: 3,981 units on each of April 17, 2016, April 17, 2017, April 17, 2018 and April 17, 2019.