0001209191-20-056090.txt : 20201028
0001209191-20-056090.hdr.sgml : 20201028
20201028163629
ACCESSION NUMBER: 0001209191-20-056090
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201026
FILED AS OF DATE: 20201028
DATE AS OF CHANGE: 20201028
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: 201269148
MAIL ADDRESS:
STREET 1: 825 BERKSHIRE BOULEVARD
STREET 2: SUITE 200
CITY: WYOMISSING
STATE: PA
ZIP: 19610
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-10-26
0
0000921738
PENN NATIONAL GAMING INC
PENN
0001598259
Sottosanti Carl
825 BERKSHIRE BLVD., SUITE 200
WYOMISSING
PA
19610
0
1
0
0
EVP, General Counsel and Sec.
Common Stock
2020-10-26
4
M
0
28708
14.10
A
115256
D
Common Stock
2020-10-26
4
S
0
28708
59.63
D
86548
D
Common Stock
2020-10-26
4
M
0
24658
14.10
A
111206
D
Common Stock
2020-10-26
4
S
0
24658
60.49
D
86548
D
Common Stock
2020-10-26
4
M
0
10574
14.10
A
97122
D
Common Stock
2020-10-26
4
S
0
10574
61.25
D
86548
D
Stock Options (Right to Buy)
14.10
2020-10-26
4
M
0
63940
0.00
D
2024-01-04
Common Stock
63940
21313
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.14 to $59.94, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.02 to $60.99, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.44, inclusive. The reporting person undertakes to provide to Penn National Gaming, Inc., any security holder of Penn National Gaming, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
The stock options vest in four annual installments on January 4, 2018, January 4, 2019, January 4, 2020, and January 4, 2021.
/s/ Elliot D. Hoops, Attorney-In-Fact for Carl Sottosanti
2020-10-28