Elizabeth C. Gulacsy - 02 Mar 2022 Form 4 Insider Report for SeaWorld Entertainment, Inc. (PRKS)

Role
Title: Chief Financial Officer and Treasurer
Signature
/s/ Harold Herman, Power of Attorney
Issuer symbol
PRKS
Transactions as of
02 Mar 2022
Net transactions value
-$616,226
Form type
4
Filing time
04 Mar 2022, 15:00:38 UTC
Previous filing
28 Feb 2022
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAS Common Stock Tax liability $40,096 -585 -0.6% $68.54 96,196 02 Mar 2022 Direct F1
transaction SEAS Common Stock Options Exercise $61,089 +3,222 +3.3% $18.96 99,418 03 Mar 2022 Direct F2
transaction SEAS Common Stock Options Exercise $133,713 +7,359 +7.4% $18.17 106,777 03 Mar 2022 Direct F2
transaction SEAS Common Stock Sale $346,505 -5,181 -4.9% $66.88 101,596 03 Mar 2022 Direct F2, F3
transaction SEAS Common Stock Sale $283,500 -4,200 -4.1% $67.50 97,396 03 Mar 2022 Direct F2, F4
transaction SEAS Common Stock Sale $82,320 -1,200 -1.2% $68.60 96,196 03 Mar 2022 Direct F2, F5
transaction SEAS Common Stock Tax liability $58,606 -878 -0.91% $66.75 95,318 03 Mar 2022 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 -3,222 -100% $0.000000* 0 03 Mar 2022 Common Stock 3,222 $18.96 Direct F2, F6
transaction SEAS Employee Stock Option (right to buy) Options Exercise $0 -7,359 -100% $0.000000* 0 03 Mar 2022 Common Stock 7,359 $18.17 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock.
F2 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on December 3, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $66.15 to $67.11, inclusive. The reporting person undertakes to provide 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $67.15 to $68.08, inclusive. The reporting person undertakes to provide 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $68.50 to $68.91, inclusive. The reporting person undertakes to provide 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.
F6 The option, representing a right to purchase a total of 3,222 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.
F7 The option, representing a right to purchase a total of 7,359 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 Financial Officer and Treasurer