4//SEC Filing
Morey Thomas C 4
Accession 0001214659-23-003164
CIK 0001617406other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 5:51 PM ET
Size
12.7 KB
Accession
0001214659-23-003164
Insider Transaction Report
Form 4
Morey Thomas C
EVP & Chief Investment Officer
Transactions
- Tax Payment
Common Stock
2023-02-21$13.75/sh−3,017$41,484→ 235,888 total - Tax Payment
Common Stock
2023-02-21$13.75/sh−6,044$83,105→ 229,844 total - Tax Payment
Common Stock
2023-02-24$13.95/sh−4,208$58,702→ 225,636 total - Tax Payment
Common Stock
2023-02-21$13.75/sh−3,793$52,154→ 238,905 total
Footnotes (4)
- [F1]Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 7,852 shares of restricted stock previously granted to the Reporting Person pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (the "Plan"). Pursuant to the terms of the applicable Restricted Stock Agreements, 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 (the "NYSE") on the trading day immediately prior to the date of delivery of such shares. The shares of restricted stock were delivered to the Reporting Person on February 21, 2023 and, as such, the price per share used to determine the tax withholding related to such delivered shares was the NYSE closing price per share of the Company's common stock on February 17, 2023.
- [F2]Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 9,058 shares of restricted stock previously granted to the Reporting Person pursuant to the Plan. Pursuant to the terms of the applicable Restricted Stock Agreements, the price per share used to determine the tax withholdings was the closing price per share of the Company's common stock on the NYSE on the trading day immediately prior to the date of delivery of such shares. The shares of restricted stock were delivered to the Reporting Person on February 21, 2023 and, as such, the price per share used to determine the tax withholding related to such delivered shares was the NYSE closing price per share of the Company's common stock on February 17, 2023.
- [F3]Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 14,275 shares of restricted stock previously granted to the Reporting Person pursuant to the Plan. Pursuant to the terms of the applicable Restricted Stock Agreements, the price per share used to determine the tax withholdings was the closing price per share of the Company's common stock on the NYSE on the trading day immediately prior to the date of delivery of such shares. The shares of restricted stock were delivered to the Reporting Person on February 21, 2023 and, as such, the price per share used to determine the tax withholding related to such delivered shares was the NYSE closing price per share of the Company's common stock on February 17, 2023.
- [F4]Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 8,711 shares of restricted stock previously granted to the Reporting Person pursuant to the Plan. Pursuant to the terms of the applicable Restricted Stock Agreements, the price per share used to determine the tax withholdings was the closing price per share of the Company's common stock on the NYSE on the trading day immediately prior to the date of delivery of such shares. The shares of restricted stock were delivered to the Reporting Person on February 24, 2023 and, as such, the price per share used to determine the tax withholding related to such delivered shares was the NYSE closing price per share of the Company's common stock on February 23, 2023.
Documents
Issuer
Park Hotels & Resorts Inc.
CIK 0001617406
Entity typeother
Related Parties
1- filerCIK 0001447589
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 5:51 PM ET
- Size
- 12.7 KB