0001179110-12-000488.txt : 20120105 0001179110-12-000488.hdr.sgml : 20120105 20120105171155 ACCESSION NUMBER: 0001179110-12-000488 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120103 FILED AS OF DATE: 20120105 DATE AS OF CHANGE: 20120105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEVY ROBERT P CENTRAL INDEX KEY: 0001218157 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24206 FILM NUMBER: 12512064 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PENN NATIONAL GAMING 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 BERSHIRE BLVD STREET 2: SUITE 200 CITY: WYOMISSING STATE: PA ZIP: 19610 4 1 edgar.xml FORM 4 - X0304 4 2012-01-03 0 0000921738 PENN NATIONAL GAMING INC PENN 0001218157 LEVY ROBERT P 825 BERKSHIRE BLVD SUITE 200 WYOMISSING PA 19610 1 0 0 0 Common Stock 2012-01-03 4 S 0 6065 38.6211 D 11065 D Common Stock 2012-01-03 4 M 0 2371 A 13436 D Common Stock 2012-01-03 4 D 0 2371 38.07 D 11065 D Phantom Stock Unit 2012-01-03 4 A 0 6567 0 A Common Stock 6567 6567 D Phantom Stock Unit 2012-01-03 4 M 0 2371 D 2012-01-03 2012-01-03 Common Stock 2371 4742 D Upon vesting, the recipient is entitled to a cash payment for each unit equal to the fair market value on the vesting date of one share of the Company's common stock. The Phantom Stock Unit is scheduled to vest as follows: 1,642 units on January 3, 2013; 1,642 units on January 3, 2014; 1,642 units on January 3, 2015 and 1,641 units on January 3, 2016. This transaction was made pursuant to a stock trading plan, dated December 09, 2011, established pursuant to rule 10b5-1. Reporting person is also the indirect beneficial owner of 600 shares owned by his wife, of which he disclaims beneficial ownership. The recipient receives a cash payment for each unit equal to the fair market value on the vesting date of one share of the Company's Common Stock. /s/ Robert S Ippolito as attorney-in-fact for Robert P. Levy 2012-01-05