0001209191-20-061269.txt : 20201202 0001209191-20-061269.hdr.sgml : 20201202 20201202182437 ACCESSION NUMBER: 0001209191-20-061269 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201130 FILED AS OF DATE: 20201202 DATE AS OF CHANGE: 20201202 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: 201365094 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 2020-11-30 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 2020-11-30 4 S 0 18087 71.56 D 68461 D Common Stock 2020-11-30 4 S 0 12713 72.19 D 55748 D Common Stock 2020-11-30 4 S 0 17862 73.17 D 37886 D Common Stock 2020-11-30 4 M 0 24292 30.74 A 62178 D Common Stock 2020-11-30 4 M 0 20180 19.45 A 82358 D Common Stock 2020-11-30 4 S 0 18643 71.73 D 63715 D Common Stock 2020-11-30 4 S 0 15729 72.50 D 47986 D Common Stock 2020-11-30 4 S 0 10100 73.16 D 37886 D Stock Options (Right to Buy) 30.74 2020-11-30 4 M 0 24292 0.00 D 2025-01-03 Common Stock 24292 24291 D Stock Options (Right to Buy) 19.45 2020-11-30 4 M 0 20180 0.00 D 2029-01-03 Common Stock 20180 60537 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.00 to $71.95, 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 (1) 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 $72.00 to $72.86, 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 $73.00 to $73.28, 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 $71.28 to $71.99, 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 (4) 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 $72.00 to $72.99, 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 (5) 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 $73.00 to $73.25, 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 (6) to this Form 4. The stock options vest in four annual installments beginning on January 3, 2019. The stock options vest in four annual installments beginning on January 3, 2020. /s/ Elliot D. Hoops, Attorney-In-Fact for Carl Sottosanti 2020-12-02