Desiree A. Burke - 02 Jan 2024 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Desiree A. Burke
Issuer symbol
GLPI
Transactions as of
02 Jan 2024
Net transactions value
-$1,628,797
Form type
4
Filing time
03 Jan 2024, 18:27:58 UTC
Previous filing
05 Jan 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 +18,000 +19% $0.000000 111,761 02 Jan 2024 Direct F1
transaction GLPI Common Stock Award $0 +64,000 +57% $0.000000 175,761 02 Jan 2024 Direct F2
transaction GLPI Common Stock Tax liability $1,382,294 -28,010 -16% $49.35 147,751 02 Jan 2024 Direct
transaction GLPI Common Stock Award $0 +11,484 +7.8% $0.000000 159,235 02 Jan 2024 Direct F3
transaction GLPI Common Stock Tax liability $246,503 -4,995 -3.1% $49.35 154,240 02 Jan 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.