Papanier George T. - 01 Mar 2025 Form 4 Insider Report for Bally's Corp (BALY)

Signature
/s/ Victoria Ellis, Attorney-In-Fact
Issuer symbol
BALY
Transactions as of
01 Mar 2025
Net transactions value
-$252,882
Form type
4
Filing time
04 Mar 2025, 19:49:14 UTC
Previous filing
11 Feb 2025
Next filing
19 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BALY Common Stock Options Exercise $0 +35,714 +16% $0.000000 260,887 01 Mar 2025 Direct
transaction BALY Common Stock Tax liability $252,882 -14,049 -5.4% $18.00 246,838 01 Mar 2025 Direct F1
holding BALY Common Stock 9,000 01 Mar 2025 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 -35,714 -50% $0.000000 35,714 01 Mar 2025 Common Stock 35,714 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 1, 2025, 35,714 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 14,049 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 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 March 1, 2025 and 35,714 will vest on March 1, 2026.