Lee Fenton - 31 Dec 2022 Form 4 Insider Report for Bally's Corp (BALY)

Role
Chief Executive Officer, Director
Signature
/s/ Victoria Ellis, Attorney-In-Fact
Issuer symbol
BALY
Transactions as of
31 Dec 2022
Net transactions value
-$276,901
Form type
4
Filing time
04 Jan 2023, 15:17:24 UTC
Previous filing
09 Nov 2021
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BALY Common Stock Options Exercise $0 +23,549 +9.4% $0.000000 273,144 31 Dec 2022 Direct
transaction BALY Common Stock Tax liability $214,517 -11,069 -4.1% $19.38 262,075 31 Dec 2022 Direct F1
transaction BALY Common Stock Options Exercise $0 +6,848 +2.6% $0.000000 268,923 01 Jan 2023 Direct
transaction BALY Common Stock Tax liability $62,384 -3,219 -1.2% $19.38 265,704 01 Jan 2023 Direct F2

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 -23,549 -33% $0.000000 47,099 31 Dec 2022 Common Stock 23,549 Direct F3, F4
transaction BALY Restricted Stock Unit Options Exercise $0 -6,848 -50% $0.000000 6,849 01 Jan 2023 Common Stock 6,848 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 31, 2022, 23,549 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 11,069 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F2 On January 1, 2023, 6,848 shares of Bally's Corporation restricted stock units vested. The Company retained 3,219 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F3 Each restricted stock unit represents the right to receive one share of Bally's Corporation common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
F4 On October 1, 2021, the reporting person was granted 70,648 restricted stock units which will vest in three equal installments on December 31, 2022, 2023 and 2024.
F5 On November 5, 2021, the reporting person was granted 13,697 restricted stock units which will vest in two equal installments on January 1, 2023 and 2024.