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: Fenton Lee (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-31	Common Stock	M	23549	—	Acquired	273144	Direct
2022-12-31	Common Stock	F	11069	$19.38	Disposed	262075	Direct
2023-01-01	Common Stock	M	6848	—	Acquired	268923	Direct
2023-01-01	Common Stock	F	3219	$19.38	Disposed	265704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-31	Restricted Stock Unit	$	M	23549	Disposed		Common Stock (23549.0)	Direct
2023-01-01	Restricted Stock Unit	$	M	6848	Disposed		Common Stock (6848.0)	Direct

Footnotes

F1: On December 31, 2022, 23,549 shares of Bally's Corporation (the "Company") restricted stock units vested. The Company retained 11,069 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.

F2: On January 1, 2023, 6,848 shares of Bally's Corporation restricted stock units vested. The Company retained 3,219 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.

F3: 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.

F4: On October 1, 2021, the reporting person was granted 70,648 restricted stock units which will vest in three equal installments on December 31, 2022, 2023 and 2024.

F5: On November 5, 2021, the reporting person was granted 13,697 restricted stock units which will vest in two equal installments on January 1, 2023 and 2024.