4//SEC Filing
WARDINSKI BRUCE D 4
Accession 0001123292-20-000097
CIK 0001692412other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:55 PM ET
Size
5.7 KB
Accession
0001123292-20-000097
Insider Transaction Report
Form 4
WARDINSKI BRUCE D
DirectorChairman and CEO
Transactions
- Award
Ordinary Shares
2020-01-02+441,919→ 3,455,216 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 per share, in each case for the period of January 2, 2020 through December 31, 2022 (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 typeother
Related Parties
1- filerCIK 0001272017
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:55 PM ET
- Size
- 5.7 KB