Company: GLPI
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-101728
Chunk: 55

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 55
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 | Corporate Responsibility |     | Board of Directors |     | Executive Compensation |     | Audit Committee Matters |     | Voting Proposals |     | Other Matters |

| (4) | Performance-based restricted stock values, in the event of termination without cause by the Company, were computed based on the Company’s TSR as compared to the MSCI US REIT Index and in the triple-net REIT group achieved as of December 31, 2024, shown on the table below, and then multiplied by a fraction, the numerator of which equals the number of days during such performance period that such award holder was actively employed by the Company, and the denominator of which equals the total days in the applicable performance period if terminated at December 31, 2024. |

| Grant                      
 2022—US MSCI REIT Index    |     | Performance at    
 December 31, 2024 
 (% of maximum)    |     |  100 | % |
|:---------------------------|:----|:------------------|:----|-----:|:--|
| 2022—Triple-NET REIT peers |     |                   |     | 95.4 | % |
| 2023—US MSCI REIT Index    |     |                   |     | 32.7 | % |
| 2023—Triple-NET REIT peers |     |                   |     | 45.4 | % |
| 2024—US MSCI REIT Index    |     |                   |     | 43.5 | % |
| 2024—Triple-NET REIT peers |     |                   |     | 77.2 | % |

| (5) | Performance-based restricted stock values, in the event of termination as a result of death or disability, were computed based on the Company’s TSR as compared to the MSCI US REIT Index and in the triple-net REIT group achieved as of December 31, 2024, shown on the table above in footnote 4. The award is determined at the end of the applicable performance period as if such award holder was still employed at the time of the applicable performance period. |

| (6) | Performance-based restricted stock values, in the event of change-of-control, were computed based on the Company’s TSR as compared to the MSCI US REIT Index and in the triple-net REIT group achieved as of December 31, 2024, Performance shall be deemed to have been achieved at target level