Adams Michelle F 4
4 · SeaWorld Entertainment, Inc. · Filed Sep 1, 2022
Insider Transaction Report
Form 4
Adams Michelle F
See Remarks
Transactions
- Purchase
Common Stock
2022-08-30$51.03/sh+39,000$1,990,170→ 75,346 total - Award
Employee Stock option (right to buy)
2022-08-30+39,000→ 39,000 totalExercise: $51.11Exp: 2032-08-30→ Common Stock (39,000 underlying)
Footnotes (4)
- [F1]Open market purchase.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.91 to $51.15, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]Represents a grant of employee stock options to the reporting person under the Company's 2017 Omnibus Incentive Plan and pursuant to the Company's compensation program which provides that upon the purchase of shares of common stock in the open market, certain employees of the Company may receive a matching grant of employee stock options based on a matching formula, which is currently a one-for-one basis.
- [F4]The options become exercisable on the third anniversary of the date of grant.