-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HYqlJYx7hs2ivRmm7itQXwSjhjkEHni+570iQipxGpfPw90FZwPvaWT/ujSyrVZv RHRhtx3NLt7V/jOq6MxIqw== 0001179110-06-006961.txt : 20060322 0001179110-06-006961.hdr.sgml : 20060322 20060322172732 ACCESSION NUMBER: 0001179110-06-006961 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060320 FILED AS OF DATE: 20060322 DATE AS OF CHANGE: 20060322 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CARLINO PETER M CENTRAL INDEX KEY: 0001211342 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24206 FILM NUMBER: 06704515 BUSINESS ADDRESS: BUSINESS PHONE: 6103732400 MAIL ADDRESS: STREET 1: 825 BERKSHIRE BLVD STREET 2: SUITE 200 CITY: WYOMISSING STATE: PA ZIP: 19610 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PENN NATIONAL GAMING INC CENTRAL INDEX KEY: 0000921738 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] 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 BERSHIRE BLVD STREET 2: SUITE 200 CITY: WYOMISSING STATE: PA ZIP: 19610 4 1 edgar.xml FORM 4 - X0202 4 2006-03-20 0 0000921738 PENN NATIONAL GAMING INC PENN 0001211342 CARLINO PETER M 825 BERKSHIRE BLVD SUITE 200 WYOMISSING PA 19610 1 1 1 0 Chairman & CEO Common Stock 2006-03-20 4 M 0 75000 7.95 A 1615246 D Common Stock 2006-03-20 4 M 0 75000 12.15 A 1690246 D Common Stock 2006-03-20 4 M 0 11200 29.22 A 1701446 D Common Stock 2006-03-20 4 S 0 161200 40.00 D 1540246 D Common Stock 2006-03-20 4 S 0 152500 40.00 D 1060160 I Sold by GRAT Common Stock 2006-03-21 4 S 0 101380 40.00 D 958780 I Sold by GRAT Non-Qualified Stock Option (right to buy) 7.95 2006-03-20 4 M 0 75000 0 D 2006-02-06 2013-02-06 Common Stock 75000 75000 D Non-Quslified Stock Options (right to buy) 12.15 2006-03-20 4 M 0 75000 0 D 2006-01-29 2014-01-29 Common Stock 75000 150000 D Non-Qualified Stock Options (right to buy) 29.22 2006-03-20 4 M 0 11200 0 D 2006-01-06 2015-01-06 Common Stock 11200 561300 D Mr Carlino's Stock Option Transactions reported on this Form 4 were made pursuant to a stock trading plan, dated February 28, 2005 and amended on November 30, 2005, established pursuant to rule 10b5-1. The Grantor Retained Annuity Trust (GRAT)Transactions reported on this Form 4 were made pursuant to a stock trading plan, dated November 30, 2005, established pursuant to rule 10b5-1. The reporting person is also the indirect beneficial owner of 10,082,073 shares, which are owned by The Carlino Family Trust, a greater than ten percent owner of the issuer, of which Peter M. Carlino is a Trustee. Peter M. Carlino is also the indirect beneficial owner of 958,780 shares owned by the Grantor Retained Annuity Trust of Marshia W. Carlino dated January 19, 2005 of which Peter M. Carlino is the Trustee. Peter M. Carlino disclaims beneficial ownership of the shares owned by the Carlino Family Trust and the Grantor Retained Annuity Trust, and this report should not be deemed an admission that Peter M. Carlino is the beneficial owner of such securities for the purpose of section 16 or any other purpose The reporting person is also the indirect beneficial owner of 10,082,073 shares, which are owned by The Carlino Family Trust, a greater than ten percent owner of the issuer, of which Peter M. Carlino is a Trustee and the direct owner of 1,540,246 shares. /s/Robert S Ippolito as attorney-in-fact for Peter M. Carlino 2006-03-22 -----END PRIVACY-ENHANCED MESSAGE-----