Stephen I. Sadove - Apr 27, 2022 Form 4 Insider Report for Park Hotels & Resorts Inc. (PK)

Role
Director
Signature
/s/ Nancy Vu, as Attorney-in-Fact
Stock symbol
PK
Transactions as of
Apr 27, 2022
Transactions value $
$0
Form type
4
Date filed
4/28/2022, 05:13 PM
Previous filing
Apr 4, 2022
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PK Common Stock Award $0 +7.01K +59.97% $0.00 18.7K Apr 27, 2022 Direct F1
holding PK Common Stock 20K Apr 27, 2022 By Family Trust F2
holding PK Common Stock 23.8K Apr 27, 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.