Lee Fenton - 01 Mar 2023 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
01 Mar 2023
Net transactions value
-$56,308
Form type
4
Filing time
03 Mar 2023, 16:07:30 UTC
Previous filing
04 Jan 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 Award $0 +5,887 +2.2% $0.000000 271,591 01 Mar 2023 Direct F1
transaction BALY Common Stock Tax liability $56,308 -2,767 -1% $20.35 268,824 01 Mar 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lee Fenton is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On March 1, 2023, the reporting person was granted 23,549 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, 2022. Based on the performance of Bally's Corporation (the "Company") against the applicable goals, 5,887 performance units subject to such criteria vested on March 1, 2023, resulting in the issuance of 5,887 shares of the Company's common stock to the reporting person.
F2 As described in footnote 1, on March 1, 2023, the reporting person became entitled to receive 5,887 shares of the Company's common stock. The Company retained 2,767 shares of Company common stock to satisfy certain tax withholding obligations in connection with the vesting.