George Anthony Taylor - 14 Mar 2023 Form 4 Insider Report for SeaWorld Entertainment, Inc. (PRKS)

Role
Title: Chief Legal Officer, General Counsel and Corporate Secretary
Signature
/s/ Jeffrey Schwartz, Power of Attorney
Issuer symbol
PRKS
Transactions as of
14 Mar 2023
Net transactions value
-$1,637,904
Form type
4
Filing time
16 Mar 2023, 16:00:37 UTC
Previous filing
06 Mar 2023
Next filing
11 May 2023
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 $239,971 +13,207 +10% $18.17 142,160 14 Mar 2023 Direct
transaction SEAS Common Stock Sale $1,806,500 -31,109 -22% $58.07 111,051 14 Mar 2023 Direct F1
transaction SEAS Common Stock Sale $62,686 -1,067 -0.96% $58.75 109,984 14 Mar 2023 Direct F2
transaction SEAS Common Stock Tax liability $8,690 -150 -0.14% $57.93 109,834 14 Mar 2023 Direct 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 -13,207 -33% $0.000000 26,414 14 Mar 2023 Common Stock 13,207 $18.17 Direct F4
* 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 $57.55 to $58.54, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $58.55 to $58.85, 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.
F3 Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock units.
F4 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