David A. Handler - 03 Jan 2022 Form 4 Insider Report for PENN NATIONAL GAMING INC (PENN)

Reporting relationship: Director
Issuer ticker: PENN
Reported as of: 03 Jan 2022
Net transaction value: -$105,411
SEC form: 4
Accepted by SEC: 05 Jan 2022, 17:06:19 UTC
Next SEC filing: 05 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Cameron Williams, Attorney-In-Fact for David Handler

Key filing fact

David A. Handler filed Form 4 for PENN NATIONAL GAMING INC (PENN) on 05 Jan 2022.

Key facts

This page summarizes David A. Handler's Form 4 filing for PENN NATIONAL GAMING INC (PENN).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 05 Jan 2022, 17:06.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$105,411.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PENN transaction

Common Stock

Options Exercise

Transaction value
Shares: +2,033
Change %: +1.2%
Price
Shares after: 166,193
Date: 03 Jan 2022
Ownership: Direct
Footnotes: F1

PENN transaction

Common Stock

Disposed to Issuer

Transaction value: $105,411
Shares: -2,033
Change %: -1.2%
Price: $51.85
Shares after: 164,160
Date: 03 Jan 2022
Ownership: Direct

PENN transaction

Common Stock

Award

Transaction value: $0
Shares: +987
Change %: +0.6%
Price: $0.000000
Shares after: 165,147
Date: 04 Jan 2022
Ownership: Direct
Footnotes: F2

PENN transaction

Common Stock

Award

Transaction value: $0
Shares: +7,405
Change %: +4.5%
Price: $0.000000
Shares after: 172,552
Date: 04 Jan 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PENN transaction Derivative

Phantom Stock Units

Options Exercise

Transaction value
Shares: -2,033
Change %: -100%
Price
Shares after: 0
Date: 03 Jan 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,033
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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.

Footnote F2

The securities reported are shares of restricted stock that vest on January 4, 2023. The reporting person elected to receive payment of fees for 2022 Board service in shares of restricted stock.

Footnote F3

The securities reported are shares of restricted stock that vest on January 4, 2023. The reporting person elected to receive the 2022 annual equity award for directors in shares of restricted stock.