Bally's Corp — Director's Dealing 2019

Apr 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Twin River Worldwide Holdings, Inc. (TRWH)
CIK: 0001747079
Period of Report: 2019-04-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-17	Common Stock, $0.01 par value per share	P	2000	$32.80	Acquired	5984088	Indirect
2019-04-17	Common Stock, $0.01 par value per share	S	50000	$33.00	Disposed	5934088	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 April 17, 2019, Chatham Master Fund held 2,815,863 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 3,118,225 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 Reporting Person is aware that, under Section 16(b) of the Securities Exchange Act of 1934, as amended, certain of these sales are matchable against prior purchases of Common Stock. The Reporting Person has calculated the aggregate profit realized to be $120,302.17, using the lowest possible purchase prices and highest possible sale price for such trades, and accordingly has remitted payment to the Company in that amount.