Kyle Robert Miller - 11 May 2023 Form 4 Insider Report for SeaWorld Entertainment, Inc. (PRKS)

Role
Title: Chief Park Operations Officer - Florida Parks
Signature
/s/ Jeffrey Schwartz, Power of Attorney
Issuer symbol
PRKS
Transactions as of
11 May 2023
Net transactions value
-$422,533
Form type
4
Filing time
15 May 2023, 16:00:31 UTC
Previous filing
11 May 2023
Next filing
17 Jul 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 $15,130 +798 +2.5% $18.96 32,507 12 May 2023 Direct
transaction SEAS Common Stock Options Exercise $16,971 +934 +2.9% $18.17 33,441 12 May 2023 Direct
transaction SEAS Common Stock Options Exercise $27,391 +1,933 +5.8% $14.17 35,374 12 May 2023 Direct
transaction SEAS Common Stock Options Exercise $49,986 +1,945 +5.5% $25.70 37,319 12 May 2023 Direct
transaction SEAS Common Stock Options Exercise $107,991 +4,202 +11% $25.70 41,521 12 May 2023 Direct
transaction SEAS Common Stock Options Exercise $74,991 +2,756 +6.6% $27.21 44,277 12 May 2023 Direct
transaction SEAS Common Stock Sale $714,994 -12,568 -28% $56.89 31,709 12 May 2023 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) Award $0 +1,647 $0.000000 1,647 11 May 2023 Common Stock 1,647 $56.92 Direct F2
transaction SEAS Employee Stock option (right to buy) Options Exercise $0 -798 -100% $0.000000* 0 12 May 2023 Common Stock 798 $18.96 Direct F3
transaction SEAS Employee Stock option (right to buy) Options Exercise $0 -934 -100% $0.000000* 0 12 May 2023 Common Stock 934 $18.17 Direct F4
transaction SEAS Employee Stock option (right to buy) Options Exercise $0 -1,933 -100% $0.000000* 0 12 May 2023 Common Stock 1,933 $14.17 Direct F5
transaction SEAS Employee Stock option (right to buy) Options Exercise $0 -1,945 -100% $0.000000* 0 12 May 2023 Common Stock 1,945 $25.70 Direct F6
transaction SEAS Employee Stock option (right to buy) Options Exercise $0 -4,202 -100% $0.000000* 0 12 May 2023 Common Stock 4,202 $25.70 Direct F7
transaction SEAS Employee Stock option (right to buy) Options Exercise $0 -2,756 -100% $0.000000* 0 12 May 2023 Common Stock 2,756 $27.21 Direct F8
* 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 $56.59 to $57.27, 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 becomes exercisable over three years, with one-third (1/3) becoming exercisable on each of the first three anniversaries of the date of grant.
F3 The option, representing a right to purchase a total of 798 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.
F4 The option, representing a right to purchase a total of 934 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.
F5 The option, representing a right to purchase a total of 1,933 shares, became exercisable in four equal annual installments beginning on July 1, 2017, which was the first anniversary of the date on which the option was granted.
F6 The option, representing a right to purchase a total of 1,945 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.
F7 The option, representing a right to purchase a total of 4,202 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.
F8 The option, representing a right to purchase a total of 2,756 shares, became exercisable in two equal annual installments beginning on February 28, 2021, which was the first anniversary of the date on which the option was granted.

Remarks:

Title: Chief Park Operations Officer - Florida Parks