James Mikolaichik - Nov 11, 2024 Form 4 Insider Report for United Parks & Resorts Inc. (PRKS)

Role
Chief Financial Officer and Treasurer
Signature
/s/ Dan Bollinger, Power of Attorney
Stock symbol
PRKS
Transactions as of
Nov 11, 2024
Transactions value $
$1,699,936
Form type
4
Date filed
11/25/2024, 04:07 PM
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRKS Common Stock Award $0 +7.04K $0.00 7.04K Nov 11, 2024 Direct F1
transaction PRKS Common Stock Award $0 +35.2K +500.04% $0.00 42.3K Nov 11, 2024 Direct F2

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 Emploee Stock Option (right to buy) Award $140K +2.47K $56.78 2.47K Nov 11, 2024 Common Stock 2.47K $56.78 Direct F3
transaction PRKS Employee Stock Option (right to buy) Award $60K +1.06K $56.78 1.06K Nov 11, 2024 Common Stock 1.06K $56.78 Direct F4
transaction PRKS Employee Stock Option (right to buy) Award $1.05M +18.5K $56.78 18.5K Nov 11, 2024 Common Stock 18.5K $56.78 Direct F5
transaction PRKS Employee Stock Option (right to buy) Award $450K +7.93K $56.78 7.93K Nov 11, 2024 Common Stock 7.93K $56.78 Direct F6
* 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 fully vests on March 31, 2025.
F2 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.
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 three years, with one-third (1/3) becoming exercisable 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.
F5 The option becomes exercisable over four years, with 25% becoming exercisable on each of the first four anniversaries of the date of grant.
F6 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.

Remarks:

Chief Financial Officer and Treasurer