George T. Papanier - Dec 31, 2023 Form 4 Insider Report for Bally's Corp (BALY)

Role
President, Director
Signature
/s/ Victoria Ellis, Attorney-In-Fact
Stock symbol
BALY
Transactions as of
Dec 31, 2023
Transactions value $
-$182,084
Form type
4
Date filed
1/3/2024, 06:21 PM
Previous filing
Nov 7, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BALY Common Stock Options Exercise $0 +33.2K +8.11% $0.00 443K Dec 31, 2023 Direct
transaction BALY Common Stock Tax liability -$182K -13.1K -2.95% $13.94 430K Dec 31, 2023 Direct F1
holding BALY Common Stock 18K Dec 31, 2023 By Trust

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 -19.1K -100% $0.00* 0 Dec 31, 2023 Common Stock 19.1K Direct F2, F3
transaction BALY Restricted Stock Unit Options Exercise $0 -14.1K -16.5% $0.00 71.4K Dec 31, 2023 Common Stock 14.1K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 31, 2023, 33,192 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 13,062 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 Bally's Corporation common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
F3 On January 19, 2021, the reporting person was granted 57,241 restricted stock units vesting in three equal installments on December 31, 2021, December 31, 2022, and December 31, 2023, respectively.
F4 On February 15, 2023, the reporting person was granted 85,540 restricted stock units of which 14,112 will vest on December 31, 2023, 35,714 will vest on December 31, 2024 and 35,714 will vest on December 31, 2025.