Bally's Corp — Director's Dealing 2019

Jun 29, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Twin River Worldwide Holdings, Inc. (TRWH)
CIK: 0001747079
Period of Report: 2019-06-26

Reporting Person: Chatham Asset Management, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-26	Common Stock, $0.01 par value per share	S	108863	$30.4136	Disposed	5387140	Indirect
2019-06-27	Common Stock, $0.01 par value per share	S	34858	$30.3994	Disposed	5352282	Indirect
2019-06-28	Common Stock, $0.01 par value per share	S	505517	$29.7879	Disposed	4846.765	Indirect

Footnotes

F1: Chatham Asset Management, LLC (the "Reporting Person") is the investment manager to Chatham Asset High Yield Master Fund, Ltd., a Cayman Islands exempted company ("Chatham Master Fund"), and other affiliated funds (collectively with Chatham Master Fund, the "Chatham Funds"). Anthony Melchiorre ("Mr. Melchiorre") is the managing member of the Reporting Person. As of June 28, 2019, Chatham Master Fund held 1,934,057 shares of common stock, $0.01 par value per share (the "Common Stock"), of Twin River Worldwide Holdings, Inc. (the "Company"), and certain other affiliated funds held an aggregate of 2,912,708 shares of Common Stock. Pursuant to Reg. Section 240.16a-1(a)(2), the Reporting Person's and Mr. Melchiorre's beneficial ownership is limited to their pecuniary interest, if any, in such securities.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.32 to $30.47 share, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.35 to $30.465 per share, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.75 to $30.00 per share, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.

F5: The Reporting Person is aware that, under Section 16(b) of the Securities Exchange Act of 1934, as amended, certain of these sales may be matchable against prior purchases of Common Stock. The Reporting Person has calculated aggregate profits realized to be $143,573.38, for all applicable trades made between March 28, 2019 and June 28, 2019, inclusive, by matching the lowest possible purchase prices against the highest possible sale prices for all such trades. Accordingly, the Reporting Person has previously remitted aggregate payments to the Company in that amount.