0001179110-14-003767.txt : 20140226
0001179110-14-003767.hdr.sgml : 20140226
20140226183932
ACCESSION NUMBER: 0001179110-14-003767
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140224
FILED AS OF DATE: 20140226
DATE AS OF CHANGE: 20140226
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 BERKSHIRE BLVD
STREET 2: SUITE 200
CITY: WYOMISSING
STATE: PA
ZIP: 19610
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sottosanti Carl
CENTRAL INDEX KEY: 0001598259
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24206
FILM NUMBER: 14646203
MAIL ADDRESS:
STREET 1: 825 BERKSHIRE BOULEVARD
STREET 2: SUITE 200
CITY: WYOMISSING
STATE: PA
ZIP: 19610
4
1
edgar.xml
FORM 4 -
X0306
4
2014-02-24
1
0000921738
PENN NATIONAL GAMING INC
PENN
0001598259
Sottosanti Carl
825 BERKSHIRE BLVD, SUITE 200
WYOMISSING
PA
19610
0
1
0
0
Sr. Vice President/Gen Counsel
Non Qualified Stock Options (right to buy)
11.61
2014-02-24
4
A
0
57955
0
A
2021-02-24
Common Stock
57955
57955
D
Stock Appreciation Right
11.61
2014-02-24
4
A
0
6439
0
A
2021-02-24
Common Stock
6439
6439
D
Phantom Stock Unit
2014-02-24
4
A
0
4033
0
A
Common Stock
4033
4033
D
The Non-Qualified Stock Option is scheduled to vest as follows: 14,489 options on February 24, 2015; 14,489 options on February 24, 2016; 14,489 options on February 24, 2017 and 14,488 options on February 24, 2018.
The Stock Appreciation Right is scheduled to vest as follows: 1,610 rights on February 24, 2015; 1,610 rights on February 24, 2016; 1,610 rights on February 24, 2017 and 1,609 rights on February 24, 2018.
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: 1,009 units on February 24, 2015; 1,008 units on February 24, 2016; 1,008 units on February 24, 2017 and 1,008 units on February 24, 2018.
/s/Robert S Ippolito as attorney-in-fact for Carl Sottosanti
2014-02-26