Tanenbaum Robert 4
4 · Park Hotels & Resorts Inc. · Filed Feb 25, 2019
Insider Transaction Report
Form 4
Tanenbaum Robert
EVP, Asset Management
Transactions
- Award
Common Stock
2019-02-21+15,847→ 138,134 total - Tax Payment
Common Stock
2019-02-22$31.55/sh−2,880$90,864→ 135,254 total
Footnotes (2)
- [F1]Represents awards of restricted shares of common stock of the Issuer under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, approved by the compensation committee of the Issuer.
- [F2]Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 6,385 shares of restricted stock previously granted to the Reporting Person pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan. Pursuant to the terms of the Restricted Stock Agreement, 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 on the trading day immediately prior to the vesting of such shares, or February 22, 2019.