0001140361-22-047477.txt : 20221229
0001140361-22-047477.hdr.sgml : 20221229
20221229192259
ACCESSION NUMBER: 0001140361-22-047477
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221227
FILED AS OF DATE: 20221229
DATE AS OF CHANGE: 20221229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Snowden Jay A
CENTRAL INDEX KEY: 0001532579
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24206
FILM NUMBER: 221499919
MAIL ADDRESS:
STREET 1: 825 BERKSHIRE BOULEVARD
STREET 2: SUITE 200
CITY: WYOMISSING
STATE: PA
ZIP: 19610
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PENN Entertainment, Inc.
CENTRAL INDEX KEY: 0000921738
STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011]
IRS NUMBER: 232234473
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 825 BERKSHIRE BLVD STE 200
STREET 2: WYOMISSING PROFESSIONAL CENTER
CITY: WYOMISSING
STATE: PA
ZIP: 19610
BUSINESS PHONE: 6103732400
MAIL ADDRESS:
STREET 1: 825 BERKSHIRE BLVD
STREET 2: SUITE 200
CITY: WYOMISSING
STATE: PA
ZIP: 19610
FORMER COMPANY:
FORMER CONFORMED NAME: PENN NATIONAL GAMING INC
DATE OF NAME CHANGE: 19940415
4
1
form4.xml
X0306
4
2022-12-27
0000921738
PENN Entertainment, Inc.
PENN
0001532579
Snowden Jay A
825 BERKSHIRE BLVD.
SUITE 200
WYOMISSING
PA
19610
true
true
President and CEO
Common Stock
2022-12-27
4
M
0
237437
12.87
A
768002
D
Common Stock
2022-12-27
4
S
0
163475
30.12
D
604527
D
Stock Options (Right to Buy)
12.87
2022-12-27
4
M
0
237437
0
D
2023-02-09
Common Stock
237437
0
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The stock options exercised by the reporting person on December 27, 2022 are scheduled to expire on February 9, 2023. This was a broker-assisted cashless exercise and hold transaction and therefore the proceeds from the sales were used solely to pay the exercise price, cover withholding taxes and pay broker fees and commissions.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.79 to $30.48, inclusive. The reporting person undertakes to provide to Penn Entertainment, Inc., any security holder of Penn Entertainment, 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.
The stock options vested in four annual installments beginning on February 9, 2017.
/s/ Harper Ko, Attorney-in-Fact for Jay A. Snowden
2022-12-29