Timothy J. Naughton - Mar 24, 2023 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: Mar 24, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/28/2023, 05:04 PM
Previous filing: Mar 3, 2023
Next filing: Apr 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PK	Common Stock	Award	$0	+2.35K	+2.84%	$0.00	85.2K	Mar 24, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person has elected to receive an award of shares of the issuer's unrestricted common stock ("Common Stock") under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended, in lieu of cash fees payable to the reporting person for service on the Company's board of directors during the 1st quarter of 2023 ("Board Fee"). The Common Stock was granted on the fifth business day prior to the date that such fees would otherwise have been payable, March 24, 2023, and vested immediately. The Common Stock had a market value based on the closing sales price of the issuer's common stock reported on the New York Stock Exchange on the grant date.

Content

The reporting person has elected to receive an award of shares of the issuer's unrestricted common stock ("Common Stock") under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended, in lieu of cash fees payable to the reporting person for service on the Company's board of directors during the 1st quarter of 2023 ("Board Fee"). The Common Stock was granted on the fifth business day prior to the date that such fees would otherwise have been payable, March 24, 2023, and vested immediately. The Common Stock had a market value based on the closing sales price of the issuer's common stock reported on the New York Stock Exchange on the grant date.