Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PK | Common Stock | Tax liability | -$13.5K | -848 | -0.73% | $15.90 | 115K | Feb 26, 2024 | Direct | F1 |
Id | Content |
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F1 | Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 2,484 shares of restricted stock previously granted to the Reporting Person pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, as amended from time to time. Pursuant to the terms of the applicable Restricted Stock Agreements, the price per share used to determine the tax withholdings was the closing price per share of the Company's common stock on the New York Stock Exchange (the "NYSE") on the trading day immediately prior to the date of delivery of such shares. The shares of restricted stock were delivered to the Reporting Person on February 26, 2024 and, as such, the price per share used to determine the tax withholding related to such delivered shares was the NYSE closing price per share of the Company's common stock on February 23, 2024. |