0001179110-16-018356.txt : 20160202
0001179110-16-018356.hdr.sgml : 20160202
20160202211025
ACCESSION NUMBER: 0001179110-16-018356
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160129
FILED AS OF DATE: 20160202
DATE AS OF CHANGE: 20160202
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: CARLINO PETER M
CENTRAL INDEX KEY: 0001211342
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24206
FILM NUMBER: 161382919
MAIL ADDRESS:
STREET 1: 825 BERKSHIRE BLVD
STREET 2: SUITE 200
CITY: WYOMISSING
STATE: PA
ZIP: 19610
4
1
edgar.xml
FORM 4 -
X0306
4
2016-01-29
0
0000921738
PENN NATIONAL GAMING INC
PENN
0001211342
CARLINO PETER M
825 BERKSHIRE BLVD SUITE 200
WYOMISSING
PA
19610
1
0
0
0
Common Stock
2016-01-29
4
M
0
13452
A
195030
D
Common Stock
2016-01-29
4
D
0
13452
13.85
D
181578
D
Common Stock
2016-01-30
4
M
0
6828
A
188406
D
Common Stock
2016-01-30
4
D
0
6828
14.13
D
181578
D
Common Stock
6378341
I
By Trusts
Phantom Stock Unit
2016-01-29
4
M
0
13452
D
Common Stock
13452
13451
D
Phantom Stock Unit
2016-01-30
4
M
0
6828
D
Common Stock
6828
20484
D
The recipient receives a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock. Of the original award of phantom stock units, 13,452 units vested on January 29, 2014, 13,452 units vested on January 29, 2015, 13,452 units vested on January 29, 2016, and 13,451 units will vest on January 29, 2017.
The recipient receives a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock. Of the original award of phantom stock units, 6,828 units vested on January 30, 2016. The remaining phantom stock units will vest as follows: 6,828 units on January 30, 2017, 6,828 units on January 30, 2018 and 6,828 units on January 30, 2019.
Includes 365,212 shares owned by a residuary trust for the benefit of Peter D. Carlino and Peter D. Carlino's children. The reporting person is a trustee of the residuary trust with shared voting and investment power. The reporting person disclaims beneficial ownership of the shares owned by the residuary trust, except to the extent to of his pecuniary interest therein, and this report should not be deemed an admission the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
Includes 6,013,129 shares held by the Carlino Family Trust, as to which Peter M. Carlino has sole voting power for certain matters. The reporting person disclaims beneficial ownership of the shares owned by the trust, except to the extent of his pecuniary interest therein, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
/s/ Christopher Rogers as attorney-in-fact for Peter M. Carlino
2016-02-02