Craig L. Eaton - Jan 2, 2022 Form 4 Insider Report for Bally's Corp (BALY)

Role: EVP, General Counsel
Signature: /s/ Craig Eaton
Stock symbol: BALY
Transactions as of: Jan 2, 2022
Transactions value $: -$130,850
Form type: 4
Date filed: 1/3/2022, 03:18 PM
Previous filing: Jan 3, 2022
Next filing: Mar 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BALY	Common Stock	Options Exercise	$0	+10.7K	+8.15%	$0.00	142K	Jan 2, 2022	Direct
transaction	BALY	Common Stock	Tax liability	-$131K	-3.44K	-2.42%	$38.06	139K	Jan 2, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BALY	Restricted Stock Unit	Options Exercise	$0	-10.7K	-100%	$0.00^*	0	Jan 2, 2022	Common Stock	10.7K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	On January 2, 2022, 10,696 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 3,438 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F2	Each restricted stock unit represents the right to receive one share of Company common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
F3	On January 2, 2020, the reporting person was granted 32,086 restricted stock units, vesting in three equal installments on January 15, 2020, January 2, 2021, and January 2, 2022, respectively.