George Anthony Taylor - 27 May 2021 Form 4 Insider Report for SeaWorld Entertainment, Inc. (PRKS)

Role
Title: Chief Legal Officer, General Counsel and Corporate Secretary
Signature
/s/ Harold Herman, Power of Attorney
Issuer symbol
PRKS
Transactions as of
27 May 2021
Net transactions value
-$3,790,631
Form type
4
Filing time
28 May 2021, 16:00:41 UTC
Previous filing
11 May 2021
Next filing
04 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAS Common Stock Options Exercise $549,328 +28,973 +13% $18.96 249,754 27 May 2021 Direct
transaction SEAS Common Stock Options Exercise $449,417 +24,734 +9.9% $18.17 274,488 27 May 2021 Direct
transaction SEAS Common Stock Sale $4,789,376 -87,943 -32% $54.46 186,545 27 May 2021 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 SEAS Employee Stock Option (right to buy) Options Exercise $0 -28,973 -100% $0.000000* 0 27 May 2021 Common Stock 28,973 $18.96 Direct F2
transaction SEAS Employee Stock Option (right to buy) Options Exercise $0 -24,734 -38% $0.000000 39,621 27 May 2021 Common Stock 24,734 $18.17 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $54.00 to $54.93, 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.
F2 The option, representing a right to purchase a total of 54,973 shares, became exercisable in four equal annual installments beginning on March 3, 2016, which was the first anniversary of the date on which the option was granted.
F3 The option, representing a right to purchase a total of 64,355 shares, became exercisable in four equal annual installments beginning on March 1, 2017, which was the first anniversary of the date on which the option was granted.

Remarks:

Title: Chief Legal Officer, General Counsel and Corporate Secretary