HNA HLT Holdco I LLC 4
4 · Park Hotels & Resorts Inc. · Filed Mar 13, 2018
Insider Transaction Report
Form 4Exit
HNA Tourism Group Co., Ltd.
10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
[F1]2018-03-09$25.75/sh−39,651,453$1,021,024,915→ 14,000,000 total(indirect: See Explanation) - Sale
Common Stock, par value $0.01 per share
[F1]2018-03-09$24.85/sh−14,000,000$347,883,200→ 0 total(indirect: See Explanation)
Footnotes (1)
- [F1]Reflects 53,651,453 shares of common stock directly owned by HNA HLT Holdco I LLC ("SPV I") and indirectly owned by HNA HLT Holdco II LLC ("SPV II"), HNA HLT Holdco III Limited ("SPV III"), HNA Tourism (HK) Group Co., Ltd. ("HNA Tourism HK"), HNA Tourism Group Co., Ltd. ("HNA Tourism") and HNA Group Co., Ltd. ("HNA Group"). SPV I is a wholly-owned subsidiary of SPV II. 100% of the voting interests of SPV II are controlled by SPV III. SPV III is a wholly owned subsidiary of HNA Tourism HK. HNA Tourism HK is a wholly-owned subsidiary of HNA Tourism. HNA Tourism is a majority-owned subsidiary of HNA Group.
Signature
HNA Tourism Group Co., Ltd.,
By: /s/ TIAN Jianjun
Name: TIAN Jianjun
Title: Chief Financial Officer|2018-03-12