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