Robeson Reeves - Dec 31, 2023 Form 4 Insider Report for Bally's Corp (BALY)

Role
Chief Executive Officer, Director
Signature
/s/ Victoria Ellis, Attorney-In-Fact
Stock symbol
BALY
Transactions as of
Dec 31, 2023
Transactions value $
-$292,601
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 +35.7K +12.63% $0.00 318K Dec 31, 2023 Direct
transaction BALY Common Stock Tax liability -$234K -16.8K -5.27% $13.94 302K Dec 31, 2023 Direct F1
transaction BALY Common Stock Options Exercise $0 +8.94K +2.96% $0.00 311K Jan 1, 2024 Direct
transaction BALY Common Stock Tax liability -$58.6K -4.2K -1.35% $13.94 306K Jan 1, 2024 Direct F2
holding BALY Common Stock 447 Dec 31, 2023 Spouse

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 -50% $0.00 18.8K Dec 31, 2023 Common Stock 18.8K Direct F3, F4
transaction BALY Restricted Stock Unit Options Exercise $0 -16.9K -23.25% $0.00 55.7K Dec 31, 2023 Common Stock 16.9K Direct F3, F5
transaction BALY Restricted Stock Unit Options Exercise $0 -3.11K -5.59% $0.00 52.6K Jan 1, 2024 Common Stock 3.11K Direct F3, F5
transaction BALY Restricted Stock Unit Options Exercise $0 -5.83K -100% $0.00* 0 Jan 1, 2024 Common Stock 5.83K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 31, 2023, 35,713 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 16,786 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F2 On January 1, 2024, 8,941 shares of Company restricted stock units vested. The Company retained 4,204 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 56,518 restricted stock units which will vest in three equal installments on December 31, 2022, 2023 and 2024.
F5 On February 15, 2023, the reporting person was granted 72,574 restricted stock units of which 16,874 will vest on December 31, 2023, 16,875 will vest on December 31, 2024, 3,111 will vest on January 1, 2024 and 35,714 will vest on January 1, 2026.
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.