Stephen I. Sadove - 26 Apr 2023 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
26 Apr 2023
Net transactions value
$0
Form type
4
Filing time
28 Apr 2023, 17:09:07 UTC
Previous filing
29 Mar 2023
Next filing
05 May 2023
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 +12,173 +41% $0.000000 41,674 26 Apr 2023 Direct F1
holding PK Common Stock 20,000 26 Apr 2023 By Family Trust F2
holding PK Common Stock 23,816 26 Apr 2023 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 26, 2023 through (and including) the date of the Issuer's 2024 annual meeting of stockholders. Such shares will vest in full on April 19, 2024 (or, if earlier, the date on which the Issuer's 2024 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.