Joseph M. Piantedosi - Jan 24, 2025 Form 4 Insider Report for Park Hotels & Resorts Inc. (PK)

Signature
/s/ Nancy Vu, as Attorney-in-Fact
Stock symbol
PK
Transactions as of
Jan 24, 2025
Transactions value $
-$31,777
Form type
4
Date filed
1/28/2025, 04:34 PM
Previous filing
Feb 27, 2024

Transactions Table

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

Explanation of Responses:

Id Content
F1 Represents shares of common stock earned and delivered related to a vested performance stock unit award previously granted on February 24, 2022 pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended and restated from time to time) (the "Plan"). The number of earned performance stock units was based on the achievement of performance criteria as determined by the Compensation & Human Capital Committee of the Issuer's Board of Directors on January 24, 2025 with respect to a performance period commencing on January 1, 2022 and ending on December 31, 2024 (the "Performance Period") and represents 99% of the target number of performance stock units eligible to be earned. The performance criteria measured the Issuer's achievement of certain levels of total shareholder return ("TSR") relative to a pre-determined industry peer group during the Performance Period.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the delivery of shares of common stock earned from the performance stock unit awards previously granted pursuant to the Plan.