SEC Form 4 · accession 0001209191-15-052599
United Parks & Resorts Inc. · PRKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alessandro David F D
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 9:28 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564902
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 10, 2015 | A | 5,752 | $0.00 | A | 0 | D | |
| Common StockF4 | Jun 11, 2015 | S | 50,000 | $20.5505 | D | 271,067 | I | Held through a limited liability company |
| Common StockF2 | holding | — | — | — | 321,067 | I | Held through a limited liability company |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock granted pursuant to SeaWorld Entertainment, Inc.'s Second Amended and Restated Outside Director Compensation Policy, which vest in three annual installments beginning on June 10, 2016.
- F2Reflects immediate transfer of restricted stock to DFD Enterprises LLC, a limited liability company over which the Reporting Person exercises investment and voting control.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.32 to $20.93, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.