Desiree A. Burke - Jan 4, 2022 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Desiree A. Burke
Stock symbol
GLPI
Transactions as of
Jan 4, 2022
Transactions value $
-$2,870,615
Form type
4
Date filed
1/6/2022, 02:48 PM
Previous filing
Jan 4, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Tax liability -$113K -2.32K -2.4% $48.50 94.4K Jan 4, 2022 Direct
transaction GLPI Common Stock Award $0 +7.76K +8.22% $0.00 102K Jan 4, 2022 Direct F1
transaction GLPI Common Stock Tax liability -$164K -3.38K -3.3% $48.50 98.8K Jan 4, 2022 Direct
transaction GLPI Common Stock Award $0 +46.3K +46.8% $0.00 145K Jan 4, 2022 Direct F2
transaction GLPI Common Stock Tax liability -$975K -20.1K -13.86% $48.50 125K Jan 4, 2022 Direct
transaction GLPI Common Stock Sale -$1.62M -33.5K -26.84% $48.27 91.4K Jan 5, 2022 Direct F3, F4
* 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 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $47.82 to $49.22 inclusive. The reporting person undertakes to provide Gaming and Leisure Properties, Inc., any security holder of Gaming and Leisure Properties, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in the footnote to this Form 4.