VICI PROPERTIES INC. — Director's Dealing 2021

Feb 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VICI PROPERTIES INC. (VICI)
CIK: 0001705696
Period of Report: 2021-02-17

Reporting Person: Payne John W R (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-17	Common Stock	A	58728	—	Acquired	172222	Direct
2021-02-17	Common Stock	F	21773	$27.31	Disposed	150449	Direct
2021-02-17	Common Stock	A	23177	—	Acquired	173626	Direct

Footnotes

F1: Represents shares of common stock received pursuant to the award of performance-based restricted stock units on August 29, 2018 under the Issuer's 2017 Stock Incentive Plan, which were earned based on the achievement of certain performance measures during the three-year performance period ended December 31, 2020.

F2: Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the shares of common stock received pursuant to the August 29, 2018 award of performance-based restricted stock units.

F3: Pursuant to the Issuer's long-term incentive compensation plan, on February 17, 2021, the Reporting Person was granted an award of time-based restricted shares of common stock under the Issuer's 2017 Stock Incentive Plan. In addition, the Reporting Person was granted an award of performance-based restricted stock units under the Issuer's 2017 Stock Incentive Plan, which units represent a contingent right to receive a number of shares of the Issuer's common stock based on the achievement of certain performance measures.