Steven Ladany - 02 Jan 2024 Form 4 Insider Report for Gaming & Leisure Properties, Inc. (GLPI)

Signature
/s/Steven Ladany
Issuer symbol
GLPI
Transactions as of
02 Jan 2024
Net transactions value
-$1,223,732
Form type
4
Filing time
03 Jan 2024, 18:23:44 UTC
Previous filing
05 Jan 2023
Next filing
05 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLPI Common Stock Award $0 +15,000 +26% $0.000000 72,846 02 Jan 2024 Direct F1
transaction GLPI Common Stock Award $0 +48,000 +66% $0.000000 120,846 02 Jan 2024 Direct F2
transaction GLPI Common Stock Tax liability $1,038,867 -21,051 -17% $49.35 99,795 02 Jan 2024 Direct
transaction GLPI Common Stock Award $0 +8,613 +8.6% $0.000000 108,408 02 Jan 2024 Direct F3
transaction GLPI Common Stock Tax liability $184,865 -3,746 -3.5% $49.35 104,662 02 Jan 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSA with 3 Year 33% Vest vesting schedule
F2 Reflects performance-based restricted stock earned and paid on January 2, 2024. The award had a performance period beginning on January 1, 2021 and ending December 31, 2023. The shares which vested at the end of the performance period was based upon the Company's three-year total shareholder return ranking among the three-year return of the companies included in the MSCI US REIT Index and Triple-Net REIT peers.
F3 Represents receipt of dividends related to performance-based restricted stock that accrued during the applicable performance period on the shares earned and paid on January 2, 2024.