Kyle Robert Miller - Dec 13, 2023 Form 4 Insider Report for SeaWorld Entertainment, Inc. (SEAS)

Role
Title: Chief Park Operations Officer - Florida Parks
Signature
/s/ Jeffrey Schwartz, Power of Attorney
Stock symbol
SEAS
Transactions as of
Dec 13, 2023
Transactions value $
-$210,000
Form type
4
Date filed
12/14/2023, 04:00 PM
Previous filing
Jul 17, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAS Common Stock Sale -$210K -4K -13.03% $52.50 26.7K Dec 13, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on June 12, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $52.50 to $52.53, inclusive.The reporting person undertakes to provide to 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.

Remarks:

Title: Chief Park Operations Officer - Florida Parks