SEC Form 4 · accession 0001179110-17-006108
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, 2017
Accepted (ET)
Apr 19, 2017 · 5:05 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 | Apr 17, 2017 | M | 3,981 | — | A | 9,281 | D | |
| Common Stock | Apr 17, 2017 | D | 3,981 | $18.32 | D | 5,300 | 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 | — | Apr 17, 2017 | M | 3,981 | D | — | — | Common Stock | 3,981 | 7,962 | 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, 3,981 units vested on April 17, 2017. The remaining phantom stock units will vest as follows: 3,981 units on each of April 17, 2018 and April 17, 2019.