Insider Trades - CLIFFORD WILLIAM J

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CLIFFORD WILLIAM J: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Penn National Gaming, Inc. Officer NasdaqGS:PENN (historical quotes, profile, SEC, other insiders)	18-Mar-13	142,311	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
18-Mar-13 30,000 PENN Acquisition (Non Open Market) at $0 per share.
6-Feb-13 6,846 PENN Option Exercise
6-Feb-13 6,846 PENN Disposition (Non Open Market) at $51.50 per share.
(Value of $352,569)
21-Nov-12 43,000 PENN Purchase at $46.89 per share.
(Cost of $2,016,270)
20-Oct-12 5,219 PENN Option Exercise
20-Oct-12 5,219 PENN Disposition (Non Open Market) at $41.98 per share.
(Value of $219,093)
20-Oct-11 5,219 PENN Option Exercise
20-Oct-11 5,219 PENN Disposition (Non Open Market) at $39.36 per share.
(Value of $205,419)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
18-Mar-13	30,000	PENN	Acquisition (Non Open Market) at $0 per share.
6-Feb-13	6,846	PENN	Option Exercise
6-Feb-13	6,846	PENN	Disposition (Non Open Market) at $51.50 per share. (Value of $352,569)
21-Nov-12	43,000	PENN	Purchase at $46.89 per share. (Cost of $2,016,270)
20-Oct-12	5,219	PENN	Option Exercise
20-Oct-12	5,219	PENN	Disposition (Non Open Market) at $41.98 per share. (Value of $219,093)
20-Oct-11	5,219	PENN	Option Exercise
20-Oct-11	5,219	PENN	Disposition (Non Open Market) at $39.36 per share. (Value of $205,419)