SEC Form 4/A · accession 0001179110-15-013959
PENN Entertainment, Inc. · PENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Saul Reibstein
Officer — EVP-Finance, CFO & Treasurer
Period of report
Jul 23, 2015
Accepted (ET)
Oct 9, 2015 · 2:59 pm EDT
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,F3 | Jul 23, 2015 | M | 28,736 | — | A | 39,536 | D | |
| Common StockF3 | Jul 23, 2015 | D | 28,736 | $19.24 | D | 10,800 | D | |
| Common StockF2 | holding | — | — | — | 150 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | — | Jul 23, 2015 | M | 28,736 | D | — | — | Common Stock | 28,736 | 57,471 | 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, 28,736 units vested on July 23, 2015. The remaining phantom stock units will vest as follows: 28,736 units on July 23, 2016 and 28,735 units on July 23, 2017.
- F2Mr.Reibstein disclaims beneficial ownership of all of the shares owned by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- F3This amendment is filed to correct the number of shares directly beneficially owned following the transaction.