George Anthony Taylor - 24 Aug 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
24 Aug 2023
Net transactions value
-$1,647,300
Form type
4
Filing time
25 Aug 2023, 16:00:15 UTC
Previous filing
15 May 2023
Next filing
12 Mar 2024
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 $542,990 +21,128 +19% $25.70 130,775 24 Aug 2023 Direct
transaction SEAS Common Stock Sale $2,160,425 -44,271 -34% $48.80 86,504 24 Aug 2023 Direct F1
transaction SEAS Common Stock Sale $29,865 -602 -0.7% $49.61 85,902 24 Aug 2023 Direct F2

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 -21,128 -100% $0.000000* 0 24 Aug 2023 Common Stock 21,128 $25.70 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 $48.38 to $49.37, 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 $49.38 to $49.76, 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 The option, representing a right to purchase a total of 21,128 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.

Remarks:

Title: Chief Legal Officer, General Counsel and Corporate Secretary