Samantha Sacks Gallagher - Feb 22, 2023 Form 4 Insider Report for VICI PROPERTIES INC. (VICI)

Role: General Counsel and EVP
Signature: /s/ Samantha S. Gallagher
Stock symbol: VICI
Transactions as of: Feb 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/22/2023, 04:24 PM
Previous filing: Feb 18, 2022
Next filing: Feb 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VICI	Common Stock	Award	$0	+58.3K	+31.76%	$0.00	242K	Feb 22, 2023	Direct	F1
transaction	VICI	Common Stock	Award	$0	+17.1K	+7.05%	$0.00	259K	Feb 22, 2023	Direct	F2

* 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 29, 2020 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, 2022.
F2	Pursuant to the Issuer's long-term incentive compensation plan, on February 22, 2023, 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.

Content

Represents shares of common stock received pursuant to the award of performance-based restricted stock units on February 29, 2020 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, 2022.

Pursuant to the Issuer's long-term incentive compensation plan, on February 22, 2023, 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.