Form 4 for PENN PENN Entertainment, Inc.
Accepted 2021-10-06 00:00:00 ET · period of report 2021-10-04 · accession 0001209191-21-059815 · 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 | 2021-10-06 | 2021-10-04 | PENN | Snowden Jay A | Pres, CEO, Dir | M - OptEx | $13.19 | +148.4K | 583.6K | +34% | +$1.96M |
| DM | 2021-10-06 | 2021-10-04 | PENN | Snowden Jay A | Pres, CEO, Dir | S - Sale+OE | $77.23 | -148.4K | 530.5K | -22% | -$11.46M |
| D | 2021-10-06 | 2021-10-04 | PENN | Snowden Jay A | Pres, CEO, Dir | M - OptEx | $0.00 | -148.4K | 0 | -100% | $0 |
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 | 2021-10-04 | M | A | 89,405 | $13.19 | 619,901 | D | — | — | |
| 2 | Common | Common Stock | 2021-10-04 | S | D | 89,405 | $76.84 | 530,496 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.25 to $77.24, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4. |
| 3 | Common | Common Stock | 2021-10-04 | S | D | 5,900 | $78.39 | 530,496 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.25 to $78.41, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4. |
| 4 | Common | Common Stock | 2021-10-04 | S | D | 53,082 | $77.77 | 530,496 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.25 to $78.22, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4. |
| 5 | Common | Common Stock | 2021-10-04 | M | A | 5,900 | $13.19 | 536,396 | D | — | — | |
| 6 | Common | Common Stock | 2021-10-04 | M | A | 53,082 | $13.19 | 583,578 | D | — | — | |
| 7 | Derivative | Stock Options (Right to Buy) | 2021-10-04 | M | D | 148,387 | $0.00 | 0 | D | $13.19 · — to 2022-01-06 | 148,387 Common Stock | (F5) The stock options vested in four annual installments beginning on January 6, 2016. |