Christopher Byron Rogers - Sep 22, 2022 Form 4 Insider Report for PENN Entertainment, Inc. (PENN)

Role: EVP and Chief Strategy Officer
Signature: Harper Ko, Attorney-in-Fact for Christopher Byron Rogers
Stock symbol: PENN
Transactions as of: Sep 22, 2022
Transactions value $: -$145,525
Form type: 4
Date filed: 9/26/2022, 04:05 PM
Previous filing: Mar 3, 2022
Next filing: Jan 5, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PENN	Common Stock	Options Exercise	$0	+4.99K	+19.38%	$0.00	30.8K	Sep 22, 2022	Direct	F1
transaction	PENN	Common Stock	Disposed to Issuer	-$146K	-4.99K	-16.23%	$29.14	25.8K	Sep 22, 2022	Direct

Showing 1 to 2 of 2 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PENN	Phantom Stock Units	Options Exercise		-4.99K	-46.67%		5.71K	Sep 22, 2022	Common Stock	4.99K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each phantom stock unit is the economic equivalent of one share of the registrant's common stock. The phantom stock units vest 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 vest on September 22, 2023.