Todd George - Sep 22, 2021 Form 4 Insider Report for PENN NATIONAL GAMING INC (PENN)

Role
EVP, Operations
Signature
Harper Ko, Attorney-in-Fact for Todd George
Stock symbol
PENN
Transactions as of
Sep 22, 2021
Transactions value $
$500,520
Form type
4
Date filed
9/24/2021, 04:36 PM
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PENN Common Stock Options Exercise $501K +7.14K +19.27% $70.15 44.2K Sep 22, 2021 Direct F1
transaction PENN Common Stock Disposed to Issuer $0 -7.14K -16.15% $0.00 37K Sep 22, 2021 Direct

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 -7.14K -25% 21.4K Sep 22, 2021 Common Stock 7.14K 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: 7,135 phantom stock units vest on September 22, 2021, 9,989 phantom stock units vest on September 22, 2022, and 11,415 phantom stock units vest on September 22, 2023.