Stephen I. Sadove - 10 Nov 2021 Form 4 Insider Report for Park Hotels & Resorts Inc. (PK)

Role
Director
Signature
/s/ Nancy Vu, as Attorney-in-Fact
Issuer symbol
PK
Transactions as of
10 Nov 2021
Net transactions value
$0
Form type
4
Filing time
12 Nov 2021, 15:25:52 UTC
Previous filing
05 Nov 2021
Next filing
09 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PK Common Stock Gift $0 -20,000 -40% $0.000000 29,760 10 Nov 2021 Direct F1
transaction PK Common Stock Gift $0 +20,000 $0.000000 20,000 10 Nov 2021 By Trust F1, F2
holding PK Common Stock 9,687 10 Nov 2021 2020 GRAT F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift of 20,000 shares of Park Hotels & Resorts Inc. common stock to the Karin Sadove Revocable Trust UAD September 11, 2008, of which the reporting person's spouse serves as the sole trustee and the reporting person's spouse and children are the beneficiaries.
F2 Karin Sadove Revocable Trust UAD September 11, 2008
F3 Represents 9,687 shares of Park Hotels & Resorts Inc. common stock directly owned by the Stephen I. Sadove 2020 Park Hotels and Resorts GRAT (the "2020 GRAT"), of which the reporting person is the trustee and he and his three children are the beneficiaries.