William Earnest Myers - 11 Nov 2024 Form 4 Insider Report for United Parks & Resorts Inc. (PRKS)

Signature
/s/ Dan Bollinger, Power of Attorney
Issuer symbol
PRKS
Transactions as of
11 Nov 2024
Net transactions value
+$112,935
Form type
4
Filing time
13 Nov 2024, 21:57:31 UTC
Previous filing
31 Oct 2024
Next filing
01 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRKS Common Stock Award $0 +5,283 $0.000000 5,283 11 Nov 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRKS Employee Stock Option (right to buy) Award $70,010 +1,233 $56.78 1,233 11 Nov 2024 Common Stock 1,233 $56.78 Direct F2
transaction PRKS Employee Stock Option (right to buy) Award $9,085 +160 $56.78 160 11 Nov 2024 Common Stock 160 $56.78 Direct F3
transaction PRKS Employee Stock Option (right to buy) Award $29,980 +528 $56.78 528 11 Nov 2024 Common Stock 528 $56.78 Direct F4
transaction PRKS Employee Stock Option (right to buy) Award $3,861 +68 $56.78 68 11 Nov 2024 Common Stock 68 $56.78 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units issued pursuant to the Issuer's 2017 Omnibus Incentive Plan, which vest over four years, with 25% vesting on each of the first four anniversaries of the date of grant. In addition, the officer is required to maintain ownership of at least fifty percent of the net shares received upon vesting until: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer.
F2 The option becomes exercisable over four years, with 25% becoming exercisable on each of the first four anniversaries of the date of grant.
F3 The option becomes exercisable over three years, with one-third (1/3) becoming exercisable on each of the first three anniversaries of the date of grant.
F4 The option vests over four years, with 25% vesting on each of the first four anniversaries of the date of grant. Any vested options become exercisable: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer.
F5 The option vests over three years, with one-third vesting on each of the first three anniversaries of the date of grant. Any vested options become exercisable: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer.