Robeson Reeves - 31 Dec 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
31 Dec 2023
Net transactions value
-$292,601
Form type
4
Filing time
03 Jan 2024, 18:21:57 UTC
Previous filing
07 Nov 2023
Next filing
19 Mar 2024
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 +35,713 +13% $0.000000 318,498 31 Dec 2023 Direct
transaction BALY Common Stock Tax liability $233,997 -16,786 -5.3% $13.94 301,712 31 Dec 2023 Direct F1
transaction BALY Common Stock Options Exercise $0 +8,941 +3% $0.000000 310,653 01 Jan 2024 Direct
transaction BALY Common Stock Tax liability $58,604 -4,204 -1.4% $13.94 306,449 01 Jan 2024 Direct F2
holding BALY Common Stock 447 31 Dec 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 -18,839 -50% $0.000000 18,840 31 Dec 2023 Common Stock 18,839 Direct F3, F4
transaction BALY Restricted Stock Unit Options Exercise $0 -16,874 -23% $0.000000 55,700 31 Dec 2023 Common Stock 16,874 Direct F3, F5
transaction BALY Restricted Stock Unit Options Exercise $0 -3,111 -5.6% $0.000000 52,589 01 Jan 2024 Common Stock 3,111 Direct F3, F5
transaction BALY Restricted Stock Unit Options Exercise $0 -5,830 -100% $0.000000* 0 01 Jan 2024 Common Stock 5,830 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.