SEC Form 4 · accession 0001179110-15-014179
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
Oct 20, 2015
Accepted (ET)
Oct 22, 2015 · 5:03 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 | Oct 20, 2015 | M | 7,617 | — | A | 241,073 | D | |
| Common Stock | Oct 20, 2015 | D | 7,617 | $17.84 | D | 233,456 | 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 | — | Oct 20, 2015 | M | 7,617 | D | Oct 20, 2015 | Oct 20, 2015 | Common Stock | 7,617 | 0 | 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, 10,157 units vested on October 20, 2011; 10,156 units vested on October 20, 2012; 10,156 units vested on October 20, 2013; 7,617 units vested on October 20, 2014 and 7,617 units vested on October 20, 2015.