Form 4 for PENN PENN Entertainment, Inc.
Accepted 2023-03-02 00:00:00 ET · period of report 2023-02-28 · accession 0001140361-23-009829 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-02 | 2023-02-28 | PENN | George Todd | EVP, Ops | D - Sale to Iss | $30.06 | -19.3K | 40.7K | -32% | -$580.2K |
| D | 2023-03-02 | 2023-02-28 | PENN | George Todd | EVP, Ops | M - OptEx | — | +19.3K | 66.6K | +41% | — |
| D | 2023-03-02 | 2023-02-28 | PENN | George Todd | EVP, Ops | A - Grant | $0.00 | +6,672 | 47.4K | +16% | $0 |
| D | 2023-03-02 | 2023-02-28 | PENN | George Todd | EVP, Ops | A - Grant | — | +4,805 | 19.3K | +33% | — |
| D | 2023-03-02 | 2023-02-28 | PENN | George Todd | EVP, Ops | M - OptEx | — | -19.3K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-28 | D | D | 18 | $0.00 | 40,694 | D | — | — | (F1) Reflects an adjustment to the restricted stock credited to the Reporting Person underlying a performance shares award, granted in 2020 and initially reported at target, for actual achievement of the third year's performance goal. |
| 2 | Common | Common Stock | 2023-02-28 | D | D | 19,275 | $30.10 | 47,356 | D | — | — | |
| 3 | Common | Common Stock | 2023-02-28 | D | D | 10 | $0.00 | 40,684 | D | — | — | (F2) Reflects an adjustment to the restricted stock credited to the Reporting Person underlying a performance shares award, granted in 2021 and initially reported at target, for actual achievement of the second year's performance goal. |
| 4 | Common | Common Stock | 2023-02-28 | M | A | 19,275 | — | 66,631 | D | — | — | (F4) The Reporting Person receives a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock. |
| 5 | Common | Common Stock | 2023-02-28 | A | A | 6,672 | $0.00 | 47,356 | D | — | — | (F3) Restricted stock credited to the Reporting Person from a performance unit award granted in 2022 due to the achievement of the first year's performance goal. |
| 6 | Derivative | Phantom Sock Units | 2023-02-28 | A | A | 4,805 | — | 19,275 | D | — · — to — | 4,805 Common Stock | (F5) Phantom stock units credited to the Reporting Person from a performance unit award granted in 2020 due to the achievement of the third year's performance goal. (F6) Reflects the total phantom stock units credited to the Reporting Person from a performance shares award granted in 2020 that vested in three annual tranches and cash-settled upon the vesting of the third tranche. |
| 7 | Derivative | Phantom Sock Units | 2023-02-28 | M | D | 19,275 | — | 0 | D | — · 2023-02-28 to 2023-02-28 | 19,275 Common Stock | (F4) The Reporting Person receives a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock. |