4//SEC Filing
Robb Darren W 4
Accession 0001214659-24-001121
CIK 0001617406other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:55 PM ET
Size
7.6 KB
Accession
0001214659-24-001121
Insider Transaction Report
Form 4
Robb Darren W
SVP and CAO
Transactions
- Tax Payment
Common Stock
2024-01-19$16.00/sh−2,609$41,744→ 76,622 total - Award
Common Stock
2024-01-19+7,432→ 79,231 total
Footnotes (2)
- [F1]Represents shares of common stock earned and delivered related to a vested performance stock unit award previously granted in February 2021 pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time). The number of earned performance stock units was based on the achievement of performance criteria as determined by the Compensation & Human Capital Committee of the Issuer's Board of Directors on January 19, 2024 with respect to a performance period commencing on January 1, 2021 and ending on December 31, 2023 (the "Performance Period") and represents 113% of the target number of performance stock units eligible to be earned. The performance criteria measured the Issuer's achievement of certain levels of total shareholder return ("TSR") relative to a pre-determined industry peer group during the Performance Period.
- [F2]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the delivery of shares of common stock earned from the performance stock unit awards previously granted pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time).
Documents
Issuer
Park Hotels & Resorts Inc.
CIK 0001617406
Entity typeother
Related Parties
1- filerCIK 0001691158
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:55 PM ET
- Size
- 7.6 KB