Peter M. Carlino - Jan 4, 2022 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Role
Chairman,CEO,President, Director
Signature
/s/Peter M. Carlino
Stock symbol
GLPI
Transactions as of
Jan 4, 2022
Transactions value $
-$5,363,130
Form type
4
Date filed
1/5/2022, 02:23 PM
Previous filing
Jan 4, 2022
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Tax liability -$351K -7.25K -0.14% $48.50 5.3M Jan 4, 2022 Direct
transaction GLPI Common Stock Award $0 +34.2K +0.64% $0.00 5.33M Jan 4, 2022 Direct F1
transaction GLPI Common Stock Tax liability -$720K -14.9K -0.28% $48.50 5.32M Jan 4, 2022 Direct
transaction GLPI Common Stock Award $0 +204K +3.83% $0.00 5.52M Jan 4, 2022 Direct F2
transaction GLPI Common Stock Tax liability -$4.29M -88.5K -1.6% $48.50 5.43M Jan 4, 2022 Direct
holding GLPI Common Stock 28.7K Jan 4, 2022 By Spouse
holding GLPI Common Stock 5.73M Jan 4, 2022 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents receipt of dividends related to performance-based restricted stock that accrued during the applicable performance period on the shares earned and paid on January 4, 2022.
F2 Reflects performance-based restricted stock earned and paid on January 4, 2022. The award had a performance period beginning on January 2, 2019 and ending December 31, 2021. The shares which vested at the end of the performance period was based upon the Company's three-year total shareholder return ranking among the three-year return of the companies included in the MSCI US REIT Index and Triple-Net REIT peers.
F3 Includes (i) 452,753 shares owned by a residuary trust for the benefit of Peter D. Carlino and Peter D. Carlino's children, as to which Mr. Carlino has shared voting and investment power; and (ii) 5,272,728 shares held by the Carlino Family Trust. The reporting person disclaims beneficial ownership of the shares owned by the trusts, except to the extent of his pecuniary interest therein, and this report should not be deemed an admission the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.