Bally's Corp — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Twin River Worldwide Holdings, Inc. (TRWH)
CIK: 0001747079
Period of Report: 2019-12-31

Reporting Person: CAPP STEPHEN H (Executive Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-31	Common Stock	M	13051	—	Acquired	265863	Direct
2019-12-31	Common Stock	F	5918	$25.65	Disposed	259945	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-31	Restricted Stock Unit	$	M	13051	Disposed		Common Stock (13051.0)	Direct
2020-01-02	Restricted Stock Unit	$	A	71203	Acquired		Common Stock (71203.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3000	Indirect

Footnotes

F1: Restricted stock units were settled in shares of common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.

F2: On December 31, 2019, 13,051 restricted stock units vested. Twin River Worldwide Holdings Inc. (the "Company") retained 5,918 of Company common stock on that date to satisfy certain tax withholding obligations in connection with the vesting of the restricted shares.

F3: Each restricted stock unit represents the right to receive one share of Company common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.

F4: On April 2, 2019, the reporting person was granted 39,152 restricted stock units vesting in three equal installments on December 31, 2019, 2020 and 2021, respectively.

F5: On January 2, 2020, the reporting person was granted 71,203 restricted stock units vesting in three equal installments on January 15, 2020, January 2, 2021, and January 2, 2022, respectively.