Stephen I. Sadove - 27 Apr 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
27 Apr 2022
Net transactions value
$0
Form type
4
Filing time
28 Apr 2022, 17:13:44 UTC
Previous filing
04 Apr 2022
Next filing
11 May 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 Award $0 +7,010 +60% $0.000000 18,699 27 Apr 2022 Direct F1
holding PK Common Stock 20,000 27 Apr 2022 By Family Trust F2
holding PK Common Stock 23,816 27 Apr 2022 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock pursuant to the Issuer's 2017 Stock Plan for Non-Employee Directors (as amended and restated as of April 30, 2021) in connection with Mr. Sadove's service on the Issuer's Board of Directors for the period from April 28, 2022 through (and including) the date of the Issuer's 2023 annual meeting of stockholders. Such shares will vest in full on April 28, 2023 (or, if earlier, the date on which the Issuer's 2023 annual meeting of stockholders is held).
F2 Shares are held by the Sadove Family Delaware Dynasty Trust, of which the reporting person has a pecuniary interest.
F3 Shares are held by the Stephen I. Sadove Revocable Trust, of which the reporting person serves as the trustee.