Stephen I. Sadove - 28 Feb 2022 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
28 Feb 2022
Net transactions value
$0
Form type
4
Filing time
18 Mar 2022, 07:00:11 UTC
Previous filing
04 Feb 2022
Next filing
04 Mar 2022
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 -100% $0.000000* 0 28 Feb 2022 By Trust F1
transaction PK Common Stock Gift $0 +20,000 $0.000000 20,000 28 Feb 2022 By Family Trust F1, F2
transaction PK Common Stock Gift $0 -9,687 -100% $0.000000* 0 16 Mar 2022 2020 GRAT F3
transaction PK Common Stock Gift $0 +2,926 +14% $0.000000 23,816 16 Mar 2022 By Trust F3, F4
holding PK Common Stock 10,274 28 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a bona fide gift from the Karin Sadove Revocable Trust UAD September 11, 2008 to another trust for the benefit of the reporting person's family.
F2 Shares are held by the Sadove Family Delaware Dynasty Trust, of which the reporting person has a pecuniary interest.
F3 Reflects a bona fide gift from the Stephen I. Sadove 2020 Park Hotels and Resorts GRAT, of which (i) 2,926 shares of the issuer's common stock were transferred to the Stephen I. Sadove Revocable Trust and (ii) the remaining 6,761 shares were transferred to the reporting person's children, none of which share the reporting person's residence.
F4 Shares are held by the Stephen I. Sadove Revocable Trust, of which the reporting person serves as the trustee.