Brandon J. Moore - 02 Jan 2024 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Brandon J. Moore
Issuer symbol
GLPI
Transactions as of
02 Jan 2024
Net transactions value
-$1,780,647
Form type
4
Filing time
03 Jan 2024, 18:22:37 UTC
Previous filing
06 Dec 2023
Next filing
05 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Award $0 +22,000 +10% $0.000000 236,559 02 Jan 2024 Direct F1
transaction GLPI Common Stock Award $0 +70,000 +30% $0.000000 306,559 02 Jan 2024 Direct F2
transaction GLPI Common Stock Tax liability $1,511,048 -30,619 -10% $49.35 275,940 02 Jan 2024 Direct
transaction GLPI Common Stock Award $0 +12,561 +4.6% $0.000000 288,501 02 Jan 2024 Direct F3
transaction GLPI Common Stock Tax liability $269,599 -5,463 -1.9% $49.35 283,038 02 Jan 2024 Direct
holding GLPI Common Stock 1,319 02 Jan 2024 By daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSA with 3 Year 33% Vest vesting schedule
F2 Reflects performance-based restricted stock earned and paid on January 2, 2024. The award had a performance period beginning on January 1, 2021 and ending December 31, 2023. 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 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 2, 2024.