SEC Form 4 · accession 0001209191-16-105655
United Parks & Resorts Inc. · PRKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony Esparza
Officer — Chief Creative Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 6:03 pm EST
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 | Mar 1, 2016 | A | 8,943 | $0.00 | A | 135,632 | D | |
| Common StockF2 | Mar 1, 2016 | A | 5,962 | $0.00 | A | 141,594 | D | |
| Common StockF3 | Mar 1, 2016 | A | 11,924 | $0.00 | A | 153,518 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5,F4 | $18.17 | Mar 1, 2016 | A | 28,888 | A | — | Mar 1, 2026 | Common Stock | 28,888 | 28,888 | D |
Explanation of responses
- F1Represents shares of restricted stock of the Issuer issued pursuant to the Issuer's 2013 Omnibus Incentive Plan, which vest based on meeting certain performance criteria over a one-year performance period beginning on January 1, 2016 and ending on December 31, 2016.
- F2Represents shares of restricted stock of the Issuer issued pursuant to the Issuer's 2013 Omnibus Incentive Plan, which vest in four equal annual installments beginning on March 1, 2017.
- F3Represents shares of restricted stock of the Issuer issued pursuant to the Issuer's 2013 Omnibus Incentive Plan, which vest based on meeting certain performance criteria over a three-year performance period beginning on January 1, 2016 and ending on December 31, 2018.
- F4This option vests in four equal annual installments beginning on March 1, 2017.
- F5In accordance with Instruction 4 to this Form, Column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or expiration dates are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 283,340 shares of the Issuer.