George T. Papanier - Mar 1, 2022 Form 4 Insider Report for Bally's Corp (BALY)

Role: President, Retail, Director
Signature: /s/ Victoria Ellis, Attorney-In-Fact
Stock symbol: BALY
Transactions as of: Mar 1, 2022
Transactions value $: -$264,767
Form type: 4
Date filed: 3/3/2022, 03:17 PM
Previous filing: Jan 3, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BALY	Common Stock	Award	$0	+19.1K	+5.4%	$0.00	372K	Mar 1, 2022	Direct	F1
transaction	BALY	Common Stock	Tax liability	-$265K	-7.51K	-2.02%	$35.26	365K	Mar 1, 2022	Direct	F2
holding	BALY	Common Stock						18K	Mar 1, 2022	By Trust

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

Explanation of Responses:

Id	Content
F1	On March 1, 2022, the reporting person was granted 19,081 performance units eligible to vest at target levels of performance (with vesting of more or less shares possible based on actual performance) based on the extent to which certain financial and other strategic goals were met for the year ended December 31, 2021. Based on the performance of Bally's Corporation (the "Company") against the applicable strategic goals, 19,081 performance units subject to such criteria vested on March 1, 2022, resulting in the issuance of 19,081 shares of the Company's common stock to the reporting person.
F2	As described in footnote 1, on March 1, 2022, the reporting person became entitled to receive 19,081 shares of the Company's common stock. The Company retained 7,509 shares of Company common stock to satisfy certain tax withholding obligations in connection with the vesting.

Content

On March 1, 2022, the reporting person was granted 19,081 performance units eligible to vest at target levels of performance (with vesting of more or less shares possible based on actual performance) based on the extent to which certain financial and other strategic goals were met for the year ended December 31, 2021. Based on the performance of Bally's Corporation (the "Company") against the applicable strategic goals, 19,081 performance units subject to such criteria vested on March 1, 2022, resulting in the issuance of 19,081 shares of the Company's common stock to the reporting person.

As described in footnote 1, on March 1, 2022, the reporting person became entitled to receive 19,081 shares of the Company's common stock. The Company retained 7,509 shares of Company common stock to satisfy certain tax withholding obligations in connection with the vesting.