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Bally's Corp — Director's Dealing 2023
Mar 3, 2023
32726_dirs_2023-03-03_c23d06bd-58d0-49f6-bf61-4b409a60feb7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Bally's Corp (BALY)
CIK: 0001747079
Period of Report: 2023-03-01
Reporting Person: Lavan Robert M. (Executive Vice President, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-01 | Common Stock | A | 9794 | — | Acquired | 26835 | Direct |
| 2023-03-01 | Common Stock | F | 2536 | $20.35 | Disposed | 24299 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 21 | Indirect |
Footnotes
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.
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.
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.