SEC Form 4 · accession 0001179110-17-012609
PENN Entertainment, Inc. · PENN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Wilmott
Officer — Chief Executive Officer · Director
Period of report
Sep 20, 2017
Accepted (ET)
Sep 22, 2017 · 4:35 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 | Sep 20, 2017 | M | 400 | $8.19 | A | 456,100 | D | |
| Common StockF1 | Sep 20, 2017 | S | 400 | $23.00 | D | 455,700 | D |
Table II — derivative securities
| 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)F2 | $8.19 | Sep 20, 2017 | M | 400 | D | — | Jan 3, 2018 | Common Stock | 400 | 194,200 | D |
Explanation of responses
- F1These transactions on this Form 4 were made pursuant to a stock trading plan established pursuant to rule 10b5-1. The options subject to the transactions reported on this Form 4 would have expired on January 3, 2018.
- F2The option award, representing a right to purchase 200,000 shares, became exercisable in four equal installments on the anniversary date of the grant, beginning January 3, 2012 and expiring on January 3, 2018.