Matthew Demchyk - Jan 4, 2022 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Role: SVP, Chief Investment Officer
Signature: /s/Matthew Demchyk
Stock symbol: GLPI
Transactions as of: Jan 4, 2022
Transactions value $: -$1,244,510
Form type: 4
Date filed: 1/6/2022, 02:55 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	-$105K	-2.17K	-4.64%	$48.50	44.7K	Jan 4, 2022	Direct
transaction	GLPI	Common Stock	Award	$0	+7.76K	+17.37%	$0.00	52.5K	Jan 4, 2022	Direct	F1
transaction	GLPI	Common Stock	Tax liability	-$164K	-3.38K	-6.44%	$48.50	49.1K	Jan 4, 2022	Direct
transaction	GLPI	Common Stock	Award	$0	+46.3K	+94.23%	$0.00	95.3K	Jan 4, 2022	Direct	F2
transaction	GLPI	Common Stock	Tax liability	-$975K	-20.1K	-21.09%	$48.50	75.2K	Jan 4, 2022	Direct

* 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.

Content

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.

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.