Tanenbaum Robert 4
4 · Park Hotels & Resorts Inc. · Filed Sep 27, 2018
Insider Transaction Report
Form 4
Tanenbaum Robert
EVP, Asset Management
Transactions
- Tax Payment
Common Stock
2018-09-26$32.59/sh−10,591$345,161→ 96,370 total
Footnotes (1)
- [F1]Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 23,482 shares of restricted stock previously granted to the Reporting Person pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan. Pursuant to the terms of the Restricted Stock Agreement, the price per share used to determine the tax withholdings was the closing price per share of the Company's common stock on the New York Stock Exchange on the trading day immediately prior to the vesting of such shares. Such vesting occurred on September 26, 2018.