Form 4 for PENN PENN Entertainment, Inc.
Accepted 2023-09-26 00:00:00 ET · period of report 2023-09-22 · accession 0001140361-23-045272 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-26 | 2023-09-22 | PENN | Rogers Christopher Byron | EVP, Chief Strategy Off | M - OptEx | $0.00 | +5,707 | 33.9K | +20% | $0 |
| D | 2023-09-26 | 2023-09-22 | PENN | Rogers Christopher Byron | EVP, Chief Strategy Off | D - Sale to Iss | $22.95 | -5,707 | 28.2K | -17% | -$131.0K |
| D | 2023-09-26 | 2023-09-22 | PENN | Rogers Christopher Byron | EVP, Chief Strategy Off | M - OptEx | — | -5,707 | 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 | 2023-09-22 | M | A | 5,707 | $0.00 | 33,864 | D | — | — | |
| 2 | Common | Common Stock | 2023-09-22 | D | D | 5,707 | $22.95 | 28,157 | D | — | — | (F1) Each phantom stock unit is the economic equivalent of one share of the registrant's common stock. The phantom stock units vested in three installments as follows: 3,568 phantom stock units vested on September 22, 2021, 4,994 phantom stock units vested on September 22, 2022 and 5,707 phantom stock units vested on September 22, 2023. Vesting of phantom stock units is reported as a deemed acquisition and disposition (at fair market value as of the vesting date) of the number of shares of common stock underlying the vested phantom stock units. |
| 3 | Derivative | Phantom Stock Units | 2023-09-22 | M | D | 5,707 | — | 0 | D | — · — to — | 5,707 CommonStock | (F1) Each phantom stock unit is the economic equivalent of one share of the registrant's common stock. The phantom stock units vested in three installments as follows: 3,568 phantom stock units vested on September 22, 2021, 4,994 phantom stock units vested on September 22, 2022 and 5,707 phantom stock units vested on September 22, 2023. Vesting of phantom stock units is reported as a deemed acquisition and disposition (at fair market value as of the vesting date) of the number of shares of common stock underlying the vested phantom stock units. |