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PENN Entertainment, Inc. Director's Dealing 2012

Mar 21, 2012

31408_dirs_2012-03-21_4abbb914-527c-4644-a074-f364aeb45a63.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENN NATIONAL GAMING INC (PENN)
CIK: 0000921738
Period of Report: 2012-03-19

Reporting Person: Burke Thomas (Sr VP-Regional Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-19 Common Stock M 20000 $21.38 Acquired 63283 Direct
2012-03-19 Common Stock S 20000 $44.00 Disposed 43283 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-19 Non-Qualified Stock Options (right to buy) $21.38 M 20000 Disposed 2016-01-02 Common Stock (20000) Direct

Footnotes

F1: All transactions on this form 4 were made pursuant to a stock trading plan, dated December 15, 2011, established pursuant to rule 10b5-1