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