Robeson Reeves - Dec 31, 2022 Form 4 Insider Report for Bally's Corp (BALY)

Role
President, Interactive, Director
Signature
/s/ Victoria Ellis, Attorney-In-Fact
Stock symbol
BALY
Transactions as of
Dec 31, 2022
Transactions value $
-$232,444
Form type
4
Date filed
1/4/2023, 03:18 PM
Previous filing
Nov 9, 2021
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BALY Common Stock Options Exercise $0 +18.8K +7.8% $0.00 260K Dec 31, 2022 Direct
transaction BALY Common Stock Tax liability -$172K -8.86K -3.4% $19.38 251K Dec 31, 2022 Direct F1
transaction BALY Common Stock Options Exercise $0 +5.83K +2.32% $0.00 257K Jan 1, 2023 Direct
transaction BALY Common Stock Tax liability -$53.1K -2.74K -1.07% $19.38 255K Jan 1, 2023 Direct F2
transaction BALY Common Stock Options Exercise $0 +845 $0.00 845 Jan 1, 2023 Spouse
transaction BALY Common Stock Tax liability -$7.71K -398 -47.1% $19.38 447 Jan 1, 2023 Spouse F3

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 -18.8K -33.33% $0.00 37.7K Dec 31, 2022 Common Stock 18.8K Direct F4, F5
transaction BALY Restricted Stock Unit Options Exercise $0 -5.83K -50% $0.00 5.83K Jan 1, 2023 Common Stock 5.83K Direct F4, F6
transaction BALY Restricted Stock Unit Options Exercise $0 -845 -50% $0.00 845 Jan 1, 2023 Common Stock 845 Spouse F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 31, 2022, 18,839 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 8,855 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F2 On January 1, 2023, 5,830 shares of Bally's Corporation restricted stock units vested. The Company retained 2,741 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F3 On January 1, 2023, 845 shares of Bally's Corporation restricted stock units vested. The Company retained 398 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F4 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.
F5 On October 1, 2021, the reporting person was granted 56,518 restricted stock units which will vest in three equal installments on December 31, 2022, 2023 and 2024.
F6 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.
F7 On November 5, 2021, the spouse of the reporting person was granted 1,690 restricted stock units which will vest in two equal installments on January 1, 2023 and 2024.