Thomas A. Natelli - 21 Dec 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
21 Dec 2023
Net transactions value
$0
Form type
4
Filing time
22 Dec 2023, 16:20:37 UTC
Previous filing
25 Sep 2023
Next filing
26 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PK Common Stock Award $0 +1,438 +0.85% $0.000000 170,722 21 Dec 2023 Direct F1
holding PK Common Stock 1,570 21 Dec 2023 By The TAN 2011 Receiving Trust
holding PK Common Stock 1,570 21 Dec 2023 By The JCN 2011 Receiving Trust
holding PK Common Stock 1,570 21 Dec 2023 By The MJN 2011 Receiving Trust
holding PK Common Stock 1,570 21 Dec 2023 By The NTN 2011 Receiving Trust
holding PK Common Stock 18,840 21 Dec 2023 By LP F2
holding PK Common Stock 6,280 21 Dec 2023 By LLC F3
holding PK Common Stock 6,280 21 Dec 2023 By LLC F3
* 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 issuer's board of directors during the 4th 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, December 21, 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.
F2 Shares are owned by a limited partnership, of which the reporting person is a 50% owner and the president of the limited partnership's general partner.
F3 Shares are owned by a limited liability company, of which the reporting person is a 50% owner and managing member.