James Mikolaichik - 18 Nov 2024 Form 4 Insider Report for United Parks & Resorts Inc. (PRKS)

Role
Chief Financial Officer and Treasurer
Signature
/s/ Dan Bollinger, Power of Attorney
Issuer symbol
PRKS
Transactions as of
18 Nov 2024
Net transactions value
+$3,866,820
Form type
4
Filing time
25 Nov 2024, 16:10:18 UTC
Previous filing
25 Nov 2024
Next filing
14 Nov 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRKS Common Stock Purchase $1,947,860 +34,000 +80% $57.29 76,267 18 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 $1,343,272 +23,800 $56.44 23,800 18 Nov 2024 Common Stock 23,800 $56.44 Direct F2, F3
transaction PRKS Employee Stock Option (right to buy) Award $575,688 +10,200 $56.44 10,200 18 Nov 2024 Common Stock 10,200 $56.44 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Open market purchase.
F2 Represents a grant of employee stock options to the reporting person under the Company's 2017 Omnibus Incentive Plan and pursuant to the Company's compensation program which provides that upon the purchase of shares of common stock in the open market, certain employees of the Company may receive a matching grant of employee stock options based on a matching formula, which is currently a one-for-one basis.
F3 The option becomes exercisable on the third anniversary of the date of the grant.
F4 Represents a grant of employee stock options to the reporting person under the Company's 2017 Omnibus Incentive Plan and pursuant to the Company's compensation program which provides that upon the purchase of shares of common stock in the open market, certain employees of the Company may receive a matching grant of employee stock options based on a matching formula, which is currently a one-for-one basis.
F5 The options vest on the third anniversary 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