Robeson Reeves - Dec 31, 2024 Form 4 Insider Report for Bally's Corp (BALY)

Signature
/s/ Victoria Ellis, Attorney-In-Fact
Stock symbol
BALY
Transactions as of
Dec 31, 2024
Transactions value $
-$300,319
Form type
4
Date filed
1/2/2025, 04:08 PM
Previous 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 +10.98% $0.00 361K Dec 31, 2024 Direct
transaction BALY Common Stock Tax liability -$300K -16.8K -4.65% $17.89 344K Dec 31, 2024 Direct F1
holding BALY Common Stock 447 Dec 31, 2024 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 -100% $0.00 0 Dec 31, 2024 Common Stock 18.8K Direct F2, F3
transaction BALY Restricted Stock Unit Options Exercise $0 -16.9K -32.09% $0.00 35.7K Dec 31, 2024 Common Stock 16.9K 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, 2024, 35,715 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 16,787 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 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.
F4 On February 15, 2023, the reporting person was granted 72,574 restricted stock units which will vest in four installments: 16,874 on December 31, 2023, 3,111 on January 1, 2024, 16,875 on December 31, 2024 and 35,714 on January 1, 2026.