Bally's Corp — Director's Dealing 2023

Jan 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bally's Corp (BALY)
CIK: 0001747079
Period of Report: 2022-12-31

Reporting Person: Lavan Robert M. (Executive Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-31	Common Stock	M	11523	—	Acquired	19848	Direct
2022-12-31	Common Stock	F	2807	$19.38	Disposed	17041	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-31	Restricted Stock Unit	$	M	8072	Disposed		Common Stock (8072.0)	Direct
2022-12-31	Restricted Stock Unit	$	M	3451	Disposed		Common Stock (3451.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21	Indirect

Footnotes

F1: Includes 282 shares of Bally's Corporation (the "Company") common stock acquired through the Company's Employee Stock Purchase Plan.

F2: On December 31, 2022, 11,523 shares of Bally's Corporation restricted stock units vested. The Company retained 2,807 shares on that date 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.

F4: Each restricted stock unit represents the right to receive one share of Bally's Corporation common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.

F5: On March 11, 2022, the reporting person was granted 30,313 restricted stock units of which 8,072, 10,297 and 11,944 will vest on December 31, 2022, 2023 and 2024, respectively.

F6: On May 1, 2021, the reporting person was granted 8,627 restricted stock units of which 1,725 vested on December 31, 2021, and 3,451 will vest on December 31, 2021 and 2022.