Kevin J. Jacobs - 02 Mar 2023 Form 4 Insider Report for Hilton Worldwide Holdings Inc. (HLT)

Role
Chief Financial Officer and President, Global Development
Signature
/s/ Kristin A. Campbell, Attorney-in-Fact
Issuer symbol
HLT
Transactions as of
02 Mar 2023
Net transactions value
-$3,163,230
Form type
4
Filing time
06 Mar 2023, 16:41:32 UTC
Previous filing
14 Feb 2023
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLT Common Stock Award $0 +34,956 +27% $0.000000 162,540 02 Mar 2023 Direct F1
transaction HLT Common Stock Award $0 +11,115 +6.8% $0.000000 173,655 02 Mar 2023 Direct F2
transaction HLT Common Stock Tax liability $3,163,230 -21,434 -12% $147.58 152,221 03 Mar 2023 Direct F3
holding HLT Common Stock 119,861 02 Mar 2023 By GRAT
holding HLT Common Stock 15,136 02 Mar 2023 By trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLT Employee Stock Option (right to buy) Award $0 +31,058 $0.000000 31,058 02 Mar 2023 Common Stock 31,058 $146.19 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned in connection with the performance-based units previously granted and unreportable on March 3, 2020 (as modified on December 22, 2020) pursuant to the Hilton 2017 Omnibus Incentive Plan. Shares were earned based upon the level of attainment of certain performance objectives and continued employment. These shares fully vested on March 2, 2023 following certification by the issuer's compensation committee.
F2 Represents restricted stock units of the Issuer issued pursuant to the Hilton 2017 Omnibus Incentive Plan, which vest in two equal annual installments beginning on March 3, 2024.
F3 Shares withheld by the Company for the payment of tax liability incident to vesting of restricted stock units and performance share units.
F4 The option vests in three equal annual installments beginning on March 3, 2024.

Remarks:

Chief Financial Officer and President, Global Development