Steven Ladany - Jan 2, 2024 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Steven Ladany
Stock symbol
GLPI
Transactions as of
Jan 2, 2024
Transactions value $
-$1,223,732
Form type
4
Date filed
1/3/2024, 06:23 PM
Previous filing
Jan 5, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Award $0 +15K +25.93% $0.00 72.8K Jan 2, 2024 Direct F1
transaction GLPI Common Stock Award $0 +48K +65.89% $0.00 121K Jan 2, 2024 Direct F2
transaction GLPI Common Stock Tax liability -$1.04M -21.1K -17.42% $49.35 99.8K Jan 2, 2024 Direct
transaction GLPI Common Stock Award $0 +8.61K +8.63% $0.00 108K Jan 2, 2024 Direct F3
transaction GLPI Common Stock Tax liability -$185K -3.75K -3.46% $49.35 105K Jan 2, 2024 Direct
* 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.