4//SEC Filing
Hill Path Capital Partners LP 4
Accession 0000921895-20-001921
CIK 0001564902other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 7:47 PM ET
Size
53.6 KB
Accession
0000921895-20-001921
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying)
Holdings
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
Transactions
- PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying)
Holdings
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
Hill Path Capital Partners LP
10% Owner
Transactions
- PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying)
Holdings
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
Hill Path Capital Partners-H LP
10% Owner
Transactions
- PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying)
Holdings
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
Transactions
- Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying)
Holdings
- 2,695,994(indirect: By HM Fund LP)
Common Stock
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
Hill Path Investment Holdings LLC
10% Owner
Transactions
- Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying)
Holdings
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
Hill Path Capital LP
10% Owner
Transactions
- PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying)
Holdings
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
Hill Path Capital Partners GP LLC
10% Owner
Transactions
- Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying)
Holdings
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
Hill Path Capital Partners E GP LLC
10% Owner
Transactions
- PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying) - Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying)
Holdings
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
ROSS SCOTT I
Director10% Owner
Transactions
- Award
Common Stock
2020-06-30+3,533→ 35,318 total(indirect: By Scott Ross) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+173,915$2,568,568→ 173,915 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (173,915 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+341,161$5,398,668→ 341,161 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (341,161 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-01$15.82/sh+140,705$2,226,572→ 140,705 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (140,705 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+324,988$5,073,355→ 324,988 total(indirect: By HAT Fund LP)Exp: 2027-06-08→ Common Stock (324,988 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-06-30$14.77/sh+71,728$1,059,358→ 71,728 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (71,728 underlying) - PurchaseSwap
Cash-Settled Total Return Swap
2020-07-02$15.61/sh+134,034$2,092,391→ 134,034 total(indirect: By HAT Fund II LP)Exp: 2027-06-08→ Common Stock (134,034 underlying)
Holdings
- 5,885,065(indirect: By Hill Path Capital Partners LP)
Common Stock
- 176,201(indirect: By Hill Path Capital Co-Investment Partners LP)
Common Stock
- 6,109,962(indirect: By Hill Path Capital Partners Co-Investment E LP)
Common Stock
- 1,334,162(indirect: By Hill Path Capital Partners-H LP)
Common Stock
- 402,016(indirect: By Hill Path Capital Partners Co-Investment E2 LP)
Common Stock
- 10,518,006(indirect: By HEP Fund LP)
Common Stock
- 83,900(indirect: By Hill Path Capital Partners Co-Investment S LP)
Common Stock
- 2,695,994(indirect: By HM Fund LP)
Common Stock
Footnotes (15)
- [F1]This Form 4 is filed jointly by Hill Path Capital Partners LP ("Hill Path Capital"), Hill Path Co-Investment Partners LP ("Hill Path Co-Investment"), Hill Path Capital Partners-H LP ("Hill Path H"), Hill Path Capital Partners Co-Investment E LP ("Hill Path E"), Hill Path Capital Partners Co-Investment E2 LP ("Hill Path E2"), Hill Path Capital Partners Co-Investment S LP ("Hill Path S"), HEP Fund LP ("HEP Fund"), HM Fund LP ("HM Fund"), HAT Fund LP ("HAT Fund"), HAT Fund II LP ("HAT Fund II"), Hill Path Capital Partners GP LLC ("Hill Path GP"), Hill Path Capital Partners E GP LLC ("Hill Path E GP"), Hill Path Capital Partners S GP LLC ("Hill Path S GP"), HE GP LLC ("HE GP"), HM GP LLC ("HM GP"), Hill Path Investment Holdings LLC ("Hill Path Investment Holdings"), Hill Path Capital LP ("Hill Path"), Hill Path Holdings LLC ("Hill Path Holdings") and Scott Ross ("Mr. Ross," and collectively with the aforementioned entities, the "Reporting Persons").
- [F10]Shares of Common Stock owned directly by HEP Fund. HE GP, as the general partner of HEP Fund, may be deemed to beneficially own the shares of Common Stock owned directly by HEP Fund. Hill Path Investment Holdings, as the managing member of HE GP, may be deemed to beneficially own the shares of Common Stock owned directly by HEP Fund. Hill Path, as the investment manager of HEP Fund, may be deemed to beneficially own the shares of Common Stock owned directly by HEP Fund. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by HEP Fund. Mr. Ross, as the managing member of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by HEP Fund.
- [F11]Shares of Common Stock owned directly by HM Fund. HM GP, as the general partner of HM Fund, may be deemed to beneficially own the shares of Common Stock owned directly by HM Fund. Hill Path Investment Holdings, as the managing member of HM GP, may be deemed to beneficially own the shares of Common Stock owned directly by HM Fund. Hill Path, as the investment manager of HM Fund, may be deemed to beneficially own the shares of Common Stock owned directly by HM Fund. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by HM Fund. Mr. Ross, as the managing member of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by HM Fund.
- [F12]Securities owned directly by HAT Fund. Hill Path, as the investment manager of HAT Fund, may be deemed to beneficially own the securities owned directly by HAT Fund. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the securities owned directly by HAT Fund. Mr. Ross, as the managing member of each of Hill Path and Hill Path Holdings, may be deemed to beneficially own the securities owned directly by HAT Fund.
- [F13]Securities owned directly by HAT Fund II. Hill Path, as the investment manager of HAT Fund II, may be deemed to beneficially own the securities owned directly by HAT Fund II. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the securities owned directly by HAT Fund II. Mr. Ross, as the managing member of each of Hill Path and Hill Path Holdings, may be deemed to beneficially own the securities owned directly by HAT Fund II.
- [F14]To date, HAT Fund and HAT Fund II (collectively, the "HAT Funds") have entered into cash-settled total return swap agreements with an unaffiliated third party financial institution as the counterparty (collectively, the "Swaps") that establish economic exposure to an aggregate of 2,612,884 notional shares of Common Stock and an aggregate of 1,077,630 notional shares of Common Stock, respectively. To date, the Swaps provide the HAT Funds with economic exposure to an aggregate of 3,690,514 notional shares of Common Stock (the "Subject Shares") and provide the HAT Funds with economic results that are comparable to the economic results of ownership but do not provide the HAT Funds with the power to vote or direct the voting or dispose of or direct the disposition of the Subject Shares. The transactions reported herein were effected in compliance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F15]The termination date of the Swaps will be automatically extended by thirty-six months unless the counterparty elects not to so extend the termination date at least one year prior thereto.
- [F2]To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Mr. Ross is also a director of the Issuer. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]Granted under the Issuer's 2017 Omnibus Incentive Plan.
- [F4]Shares of Common Stock owned directly by Hill Path Capital. Hill Path GP, as the general partner of Hill Path Capital, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Capital. Hill Path Investment Holdings, as the managing member of Hill Path GP, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Capital. Hill Path, as the investment manager of Hill Path Capital, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Capital. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Capital. Mr. Ross, as the managing partner of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Capital.
- [F5]Shares of Common Stock owned directly by Hill Path Co-Investment. Hill Path GP, as the general partner of Hill Path Co-Investment, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Co-Investment. Hill Path Investment Holdings, as the managing member of Hill Path GP, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Co-Investment. Hill Path, as the investment manager of Hill Path Co-Investment, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Co-Investment. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Co-Investment. Mr. Ross, as the managing partner of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path Co-Investment.
- [F6]Shares of Common Stock owned directly by Hill Path E. Hill Path E GP, as the general partner of Hill Path E, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E. Hill Path Investment Holdings, as the managing member of Hill Path E GP, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E. Hill Path, as the investment manager of Hill Path E, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E. Mr. Ross, as the managing partner of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E.
- [F7]Shares of Common Stock owned directly by Hill Path E2. Hill Path E GP, as the general partner of Hill Path E2, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E2. Hill Path Investment Holdings, as the managing member of Hill Path E GP, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E2. Hill Path, as the investment manager of Hill Path E2, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E2. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E2. Mr. Ross, as the managing partner of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path E2.
- [F8]Shares of Common Stock owned directly by Hill Path H. Hill Path GP, as the general partner of Hill Path H, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path H. Hill Path Investment Holdings, as the managing member of Hill Path GP, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path H. Hill Path, as the investment manager of Hill Path H, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path H. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path H. Mr. Ross, as the managing partner of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path H.
- [F9]Shares of Common Stock owned directly by Hill Path S. Hill Path S GP, as the general partner of Hill Path S, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path S. Hill Path Investment Holdings, as the managing member of Hill Path S GP, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path S. Hill Path, as the investment manager of Hill Path S, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path S. Hill Path Holdings, as the general partner of Hill Path, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path S. Mr. Ross, as the managing partner of each of Hill Path Investment Holdings, Hill Path and Hill Path Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by Hill Path S.
Documents
Issuer
SeaWorld Entertainment, Inc.
CIK 0001564902
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001661914
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 7:47 PM ET
- Size
- 53.6 KB