4//SEC Filing
Playa Hotels & Resorts N.V. 4
Accession 0001123292-17-001063
CIK 0001692412operating
Filed
May 30, 8:00 PM ET
Accepted
May 31, 5:45 PM ET
Size
5.7 KB
Accession
0001123292-17-001063
Insider Transaction Report
Form 4
Froemming Kevin
Chief Marketing Officer
Transactions
- Award
Ordinary Shares
2017-05-26+73,672→ 173,672 total
Footnotes (2)
- [F1]Represents restricted Ordinary Shares granted to the reporting person pursuant to the issuer's 2017 Omnibus Incentive Plan. Half of the shares will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the reporting person's continued employment. The other half of the shares will vest based on performance-based vesting conditions linked to compounded annual growth rate of total shareholder return and compounded annual growth rate of adjusted EBITDA, in each case for the period of January 1, 2017 through December 31, 2019 (the "Performance Period"). [Cont'd]
- [F2][Continuation] Depending on the issuer's achievement of the performance goals, the number of Ordinary Shares that may become vested will range from zero to one hundred fifty percent (150%) of the shares granted, subject to the reporting person's continued employment through the date on which the Compensation Committee certifies the level of achievement of the performance goals following the end of the Performance Period.
Documents
Issuer
Playa Hotels & Resorts N.V.
CIK 0001692412
Entity typeoperating
IncorporatedNetherlands
Related Parties
1- filerCIK 0001692412
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 5:45 PM ET
- Size
- 5.7 KB