0001179110-19-000506.txt : 20190107
0001179110-19-000506.hdr.sgml : 20190107
20190107174807
ACCESSION NUMBER: 0001179110-19-000506
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190103
FILED AS OF DATE: 20190107
DATE AS OF CHANGE: 20190107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NAPLES RONALD J
CENTRAL INDEX KEY: 0001133696
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24206
FILM NUMBER: 19514186
MAIL ADDRESS:
STREET 1: 96 S. GEORGE STREET
STREET 2: SUITE 500
CITY: YORK
STATE: PA
ZIP: 17401
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
4
1
edgar.xml
FORM 4 -
X0306
4
2019-01-03
0
0000921738
PENN NATIONAL GAMING INC
PENN
0001133696
NAPLES RONALD J
825 BERKSHIRE BLVD, SUITE 200
WYOMISSING
PA
19610
1
0
0
0
Common Stock
2019-01-03
4
M
0
2034
A
5034
D
Common Stock
2019-01-03
4
D
0
2034
19.45
D
3000
D
Common Stock
2019-01-04
4
M
0
4432
A
7432
D
Common Stock
2019-01-04
4
D
0
4332
19.94
D
3000
D
Phantom Stock Units
2019-01-03
4
M
0
2034
A
Common Stock
2034
6099
D
Phantom Stock Units
2019-01-03
4
A
0
12853
A
Common Stock
12853
12853
D
Phantom Stock Units
2019-01-04
4
M
0
4432
A
Common Stock
4432
8865
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, 2,034 units vested on January 3, 2019. The remaining phantom stock units are scheduled to vest as follows: 2,033 units on January 4, 2020; 2,033 units on January 3, 2021 and 2,033 units on January 3, 2022.
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, 4,432 units vested on January 4, 2019. The remaining phantom stock units are scheduled to vest as follows: 4,433 units on January 4, 2020; and 4,432 units on January 4, 2021.
The recipient will receive 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. The phantom stock units are scheduled to vest as follows: 4,285 units on January 3, 2020; 4,284 units on January 3, 2021; and 4,284 units on January 3, 2022. The reporting person elected to receive the 2019 annual equity award to directors in the form of phantom stock units.
/s/ Christopher Rogers as attorney-in-fact for Ronald J. Naples
2019-01-07