Bally's Corp — Director's Dealing 2019

Apr 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Twin River Worldwide Holdings, Inc. (TRWH)
CIK: 0001747079
Period of Report: 2019-04-02

Reporting Person: Taylor John E. JR (Director, Executive Chairman)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-02	Vested Restricted Stock Units	$	A	13051	Acquired		Common Stock (13051.0)	Direct
2019-04-02	Vested Restricted Stock Units	$	A	14688	Acquired		Common Stock (14688.0)	Direct

Footnotes

F1: Each vested restricted stock unit represents the right to receive one share of Twin River Worldwide Holdings, Inc. common stock once payable to the reporting person in accordance with the terms of the reporting person's agreement with the Company. Accordingly, there was no purchase price paid by the reporting person.

F2: On April 2, 2019, the reporting person was granted 13,051 fully-vested restricted stock units in consideration for performance provided to the Company in 2018 in accordance with the reporting person's agreement with the Company. These fully-vested restricted stock units are not payable to the reporting person until the termination of the reporting person's engagement with the Company or, if earlier, immediately prior to consummation of a change in control of the Company. Accordingly, these shares are being reported in Table II.

F3: On April 2, 2019, the reporting person was granted 14,688 restricted stock units, of which 3,672 vested immediately and the remaining 11,106 were to vest 1,224 per month for the remaining 9 months of 2019, in accordance with the reporting person's agreement with the Company. Once vested these restricted stock units are not payable to the reporting person until the termination of the reporting person's engagement with the Company or, if earlier, immediately prior to consummation of a change in control of the Company. Accordingly, these shares are being reported in Table II.