Robert M. Lavan - 01 Mar 2023 Form 4 Insider Report for Bally's Corp (BALY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2023, 16:06:43 UTC
Prior SEC filing
04 Jan 2023
Next SEC filing
18 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Victoria Ellis, Attorney-In-Fact

Key filing fact

Robert M. Lavan filed Form 4 for Bally's Corp (BALY) on 03 Mar 2023.

Key facts

  • This page summarizes Robert M. Lavan's Form 4 filing for Bally's Corp (BALY).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2023, 16:06.

Change

  • Previous filing in this sequence was filed on 04 Jan 2023.
  • Current net transaction value: -$51,608.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BALY transaction

Common Stock

Award

Transaction value
$0
Shares
+9,794
Change %
+57%
Price
$0.000000
Shares after
26,835
Date
01 Mar 2023
Ownership
Direct
Footnotes
F1
BALY transaction

Common Stock

Tax liability

Transaction value
$51,608
Shares
-2,536
Change %
-9.5%
Price
$20.35
Shares after
24,299
Date
01 Mar 2023
Ownership
Direct
Footnotes
F2
BALY holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
21
Date
01 Mar 2023
Ownership
In Trust
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On March 1, 2023, the reporting person was granted 11,523 performance units eligible to vest at target levels of performance (with vesting of more or less shares possible based on actual performance) based on the extent to which certain financial and other strategic goals were met for the year ended December 31, 2022. Based on the performance of Bally's Corporation (the "Company") against the applicable goals, 9,794 performance units subject to such criteria vested on March 1, 2023, resulting in the issuance of 9,794 shares of the Company's common stock to the reporting person.

Footnote F2

As described in footnote 1, on March 1, 2023, the reporting person became entitled to receive 9,794 shares of the Company's common stock. The Company retained 2,536 shares of Company common stock to satisfy certain tax withholding obligations in connection with the vesting.

Footnote F3

These shares are held in a trust for the benefit of the reporting person's child for which the reporting person serves as trustee. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

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