Peter M. Carlino - Jan 3, 2023 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Peter M. Carlino
Stock symbol
GLPI
Transactions as of
Jan 3, 2023
Transactions value $
-$6,517,644
Form type
4
Date filed
1/5/2023, 03:17 PM
Previous filing
Jan 4, 2023
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Tax liability -$371K -7.25K -0.13% $51.19 5.45M Jan 4, 2023 Direct
transaction GLPI Common Stock Tax liability -$378K -7.25K -0.13% $52.09 5.44M Jan 3, 2023 Direct
transaction GLPI Common Stock Award $0 +34.7K +0.64% $0.00 5.47M Jan 3, 2023 Direct F1
transaction GLPI Common Stock Tax liability -$785K -15.1K -0.28% $52.09 5.46M Jan 3, 2023 Direct
transaction GLPI Common Stock Award $0 +55K +1.01% $0.00 5.51M Jan 3, 2023 Direct F2
transaction GLPI Common Stock Award $0 +220K +3.99% $0.00 5.73M Jan 3, 2023 Direct F3
transaction GLPI Common Stock Tax liability -$4.98M -95.7K -1.67% $52.09 5.64M Jan 3, 2023 Direct
holding GLPI Common Stock 28.7K Jan 3, 2023 By Spouse
holding GLPI Common Stock 5.25M Jan 3, 2023 By Trusts 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 3, 2023.
F2 RSA with 3 Year 33% Vest vesting schedule
F3 Reflects performance-based restricted stock earned and paid on January 3, 2023. The award had a performance period beginning on January 2, 2020 and ending December 31, 2022. 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.
F4 Includes (i) 387,561 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) 4,860,301 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.