Park Hotels & Resorts Inc. 4
4 · Park Hotels & Resorts Inc. · Filed Feb 27, 2017
Insider Transaction Report
Form 4
Sparks Matthew Abram
See Remarks
Transactions
- Other
Stock Option
2017-01-06+2,063→ 2,463 totalExercise: $22.94Exp: 2024-02-19→ Common Stock (2,643 underlying) - Other
Stock Option
2017-01-06+11,135→ 11,135 totalExercise: $20.89Exp: 2026-02-18→ Common Stock (11,135 underlying) - Award
Common Stock
2017-02-23+8,644→ 28,604 total - Award
Common Stock
2017-02-23+28,603→ 57,207 total - Other
Stock Option
2017-01-06+7,048→ 7,048 totalExercise: $29.26Exp: 2025-02-10→ Common Stock (7,048 underlying)
Footnotes (7)
- [F1]Represents the settlement of performance share units granted by Hilton Worldwide Holdings Inc. ("HLT") and converted into restricted share units of Park Hotels & Resorts Inc. (the "Issuer") in connection with the spin-off of the Issuer from HLT (the "Spin-off") based on a determination as to the satisfaction of the performance metrics by the compensation committee of HLT.
- [F2]Includes 19,960 restricted stock units that represent equity awards granted by HLT that have been converted into equity awards of the Issuer in connection with the Spin-off.
- [F3]Represents awards of restricted shares of common stock of the Issuer under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, approved by the compensation committee of the Issuer.
- [F4]Represents stock option awards granted by HLT that have been converted into equity awards of the Issuer in connection with the Spin-Off.
- [F5]The option vests in three equal annual installments beginning on February 19, 2014.
- [F6]The option vests in three equal annual installments beginning on February 10, 2015.
- [F7]The option vests in three equal annual installments beginning on February 18, 2016.