Company: GLPI
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-101728
Chunk: 68

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 68
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 Plan, the overhang would be approximately 2.33%. |

| ● |     | Reliance on the 2013 Plan: The 2013 Plan is the only active equity plan pursuant to which we can grant equity awards to incentivize our employees. |

OTHER AMENDED PLAN PROVISIONS

| ● |     | Clarifies Prohibition of Liberal Share Recycling for Stock Appreciation Rights: Shares withheld to pay for an option’s exercise price will not be available again for issuance under the 2013 Plan, and the total number of stock appreciation rights (“SARs”) exercised pursuant to a SAR award will not be available for issuance under the 2013 Plan, regardless of the number of shares of our common stock actually delivered upon exercise of the SAR. |

| ● |     | Phantom Stock Units: The Compensation Committee or the Board may provide for dividend equivalent rights for Phantom Stock Units (“PSUs”) upon the expiration of their applicable restriction period. Any dividend equivalents payable on performance-based awards are deferred and payable at the time of vesting. |

| ● |     | No Discretion to Accelerate Vesting: The provision prohibiting limiting the Compensation Committee or the Board’s discretion to accelerate the vesting or extend the exercise period of any equity awards of a terminated participant to no more than 5% of the total equity award pool was removed. |

| ● |     | Removal of Penn National Gaming, Inc. and Pre-2018 Award Provisions: Provisions were removed that (i) relate to the 2013 spin-off of the Company from Penn National Gaming, Inc. and (ii) relate to awards granted prior to 2018 because there are no awards that remain outstanding to which those provisions relate. |

| Gaming and Leisure Properties, Inc. |     | 2025 Proxy Statement | 65 |

| Proxy Summary |     | Corporate Responsibility |     | Board of Directors |     | Executive Compensation |     | Audit Committee Matters |     | Voting Proposals |     | Other Matters |

DESCRIPTION OF THE PRINCIPAL FEATURES OF THE 2013 PLAN Types of Awards Grants under the 2013 Plan may be made in the form of restricted stock, PSUs, stock options, SARs, and other awards. Number of Authorized Shares Subject to adjustment as provided in the 2013 Plan, 2,252,095 shares of common stock are currently authorized for issuance under the 2013 Plan, which is equal to approximately 0.82% of our outstanding shares of common