SEC Form 4 · accession 0001179110-15-016733

PENN Entertainment, Inc. · PENN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 23, 2015

Accepted (ET)

Dec 28, 2015 · 4:15 pm 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 Stock^F1	Dec 23, 2015	M	84,123	$7.72	A	210,866	D
Common Stock^F1	Dec 23, 2015	F	60,586	$16.05	D	150,300	D
Common Stock^F1	Dec 23, 2015	M	84,123	$4.98	A	234,423	D
Common Stock^F1	Dec 23, 2015	F	52,845	$16.05	D	181,578	D
Common Stock^F2,F3	holding	—	—		—	6,378,341	I	By Trusts

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non Qualified Stock Options (right to buy)	$7.72	Dec 23, 2015	M	84,123	D	Jan 12, 2010	Jan 12, 2016	Common Stock	84,123	0	D
Non Qualified Stock Options (right to buy)	$4.98	Dec 23, 2015	M	84,123	D	Jan 2, 2013	Jan 2, 2016	Common Stock	84,123	0	D

F1The options subject to the transactions reported on this Form 4 would have expired on January 2, 2016 or January 12, 2016, as applicable.
F2Includes 365,212 shares owned by a residuary trust for the benefit of Peter D. Carlino and Peter D. Carlino's children. The reporting person is a trustee of the residuary trust with shared voting and investment power. The reporting person disclaims beneficial ownership of the shares owned by the residuary trust, except to the extent of his pecuniary interest therein, and this report should not be deemed an admission the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F3Includes 6,013,129 shares held by the Carlino Family Trust, as to which Peter M. Carlino has sole voting power for certain matters. The reporting person disclaims beneficial ownership of the shares owned by the trust, except to the extent of his pecuniary interest therein, 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.