Edward B. Pitoniak - 16 Feb 2022 Form 4 Insider Report for VICI PROPERTIES INC. (VICI)

Role: Chief Executive Officer, Director
Signature: /s/ Samantha Sacks Gallagher as attorney-in-fact for Edward B. Pitoniak
Issuer symbol: VICI
Transactions as of: 16 Feb 2022
Net transactions value: -$1,024,386
Form type: 4
Filing time: 18 Feb 2022, 15:33:50 UTC
Next filing: 01 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VICI	Common Stock	Award	$0	+150,876	+31%	$0.000000	644,721	16 Feb 2022	Direct	F1
transaction	VICI	Common Stock	Tax liability	$1,024,386	-35,495	-5.5%	$28.86	609,226	16 Feb 2022	Direct	F2
transaction	VICI	Common Stock	Award	$0	+91,566	+15%	$0.000000	700,792	16 Feb 2022	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock received pursuant to the award of performance-based restricted stock units on February 12, 2019 under the Issuer's 2017 Stock Incentive Plan, which were earned based on the achievement of certain performance measures during the three-year performance period ended December 31, 2021.
F2	Reflects shares of common stock surrendered to the Issuer to satisfy a portion of the tax withholding obligations in connection with the shares of common stock received pursuant to the February 12, 2019 award of performance-based restricted stock units.
F3	Pursuant to the Issuer's long-term incentive compensation plan, on February 16, 2022, the Reporting Person was granted an award of time-based restricted shares of common stock under the Issuer's 2017 Stock Incentive Plan. In addition, the Reporting Person was granted an award of performance-based restricted stock units under the Issuer's 2017 Stock Incentive Plan, which units represent a contingent right to receive a number of shares of the Issuer's common stock based on the achievement of certain performance measures.