Desiree A. Burke - Jan 3, 2023 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Desiree A. Burke
Stock symbol
GLPI
Transactions as of
Jan 3, 2023
Transactions value $
-$3,673,933
Form type
4
Date filed
1/5/2023, 03:24 PM
Previous filing
Jan 4, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Tax liability -$119K -2.32K -2.6% $51.19 86.8K Jan 4, 2023 Direct
transaction GLPI Common Stock Tax liability -$121K -2.32K -2.67% $52.09 84.5K Jan 3, 2023 Direct
transaction GLPI Common Stock Award $0 +7.88K +9.33% $0.00 92.3K Jan 3, 2023 Direct F1
transaction GLPI Common Stock Tax liability -$178K -3.43K -3.71% $52.09 88.9K Jan 3, 2023 Direct
transaction GLPI Common Stock Award $0 +18K +20.25% $0.00 107K Jan 3, 2023 Direct F2
transaction GLPI Common Stock Sale -$295K -5.68K -5.32% $51.93 101K Jan 3, 2023 Direct F3, F4
transaction GLPI Common Stock Sale -$1.83M -35.7K -35.29% $51.18 65.5K Jan 4, 2023 Direct F3, F5
transaction GLPI Common Stock Award $0 +50K +76.33% $0.00 116K Jan 3, 2023 Direct F6
transaction GLPI Common Stock Tax liability -$1.13M -21.7K -18.83% $52.09 93.8K Jan 3, 2023 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 3, 2023.
F2 RSA with 3 Year 33% Vest vesting schedule
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 $51.46 to $52.43 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.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $50.98 to $51.43 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.
F6 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.