PENN Entertainment, Inc. — Director's Dealing 2017

Sep 22, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENN NATIONAL GAMING INC (PENN)
CIK: 0000921738
Period of Report: 2017-09-20

Reporting Person: WILMOTT TIMOTHY J (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-20	Common Stock	M	400	$8.19	Acquired	456100	Direct
2017-09-20	Common Stock	S	400	$23.00	Disposed	455700	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-09-20	Non Qualified Stock Options (right to buy)	$8.19	M	400	Disposed	2018-01-03	Common Stock (400)	Direct

Footnotes

F1: These transactions on this Form 4 were made pursuant to a stock trading plan established pursuant to rule 10b5-1. The options subject to the transactions reported on this Form 4 would have expired on January 3, 2018.

F2: The option award, representing a right to purchase 200,000 shares, became exercisable in four equal installments on the anniversary date of the grant, beginning January 3, 2012 and expiring on January 3, 2018.