0001179110-14-003769.txt : 20140226 0001179110-14-003769.hdr.sgml : 20140226 20140226184059 ACCESSION NUMBER: 0001179110-14-003769 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: Snowden Jay A CENTRAL INDEX KEY: 0001532579 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24206 FILM NUMBER: 14646211 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 0001532579 Snowden Jay A 825 BERKSHIRE BLVD, SUITE 200 WYOMISSING PA 19610 0 1 0 0 Chief Operating Officer Non Qualified Stock Options (right to buy) 11.61 2014-02-24 4 A 0 197727 0 A 2021-02-24 Common Stock 197727 197727 D Stock Appreciation Right 11.61 2014-02-24 4 A 0 21970 0 A 2021-02-24 Common Stock 21970 21970 D Phantom Stock Unit 2014-02-24 4 A 0 14453 0 A Common Stock 14453 14453 D The Non-Qualified Stock Option is scheduled to vest as follows: 49,432 options on February 24, 2015; 49,432 options on February 24, 2016; 49,432 options on February 24, 2017 and 49,431 options on February 24, 2018. The Stock Appreciation Right is scheduled to vest as follows: 5,493 rights on February 24, 2015; 5,493 rights on February 24, 2016; 5,492 rights on February 24, 2017 and 5,492 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: 3,614 units on February 24, 2015; 3,613 units on February 24, 2016; 3,613 units on February 24, 2017 and 3,613 units on February 24, 2018. /s/Robert S Ippolito as attorney-in-fact for Jay A. Snowden 2014-02-26