Marc Swanson - 13 Apr 2022 Form 4 Insider Report for SeaWorld Entertainment, Inc. (PRKS)

Role: Chief Executive Officer
Signature: /s/ Harold Herman, Power of Attorney
Issuer symbol: PRKS
Transactions as of: 13 Apr 2022
Net transactions value: -$2,342,820
Form type: 4
Filing time: 15 Apr 2022, 08:00:16 UTC
Previous filing: 28 Mar 2022
Next filing: 11 May 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	$1,981,574	-27,587	-13%	$71.83	182,656	13 Apr 2022	Direct	F1
transaction	SEAS	Common Stock	Options Exercise	$196,862	+7,660	+4.2%	$25.70	190,316	14 Apr 2022	Direct	F2
transaction	SEAS	Common Stock	Sale	$558,108	-7,660	-4%	$72.86	182,656	14 Apr 2022	Direct	F2, F3

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	-7,660	-50%	$0.000000	7,661	14 Apr 2022	Common Stock	7,660	$25.70	Direct	F2, F4

* 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 November 19, 2021.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $72.27 to $73.23, 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 option, representing a right to purchase a total of 15,321 shares, became exercisable in three equal annual installments beginning on March 14, 2020, which was the first anniversary of the date on which the option was granted.