SEC Form 4 · accession 0001585689-16-000155
Hilton Worldwide Holdings Inc. · HLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Wang
Officer — See Remarks
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 6:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001585689
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2016 | A | 19,475 | $0.00 | A | 628,967 | D | |
| Common StockF2 | Feb 19, 2016 | F | 2,287 | $19.88 | D | 626,680 | 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)F3 | $19.61 | Feb 18, 2016 | A | 69,821 | A | — | Feb 18, 2026 | Common Stock | 69,821 | 69,821 | D |
Explanation of responses
- F1Represents restricted stock units of the Issuer issued pursuant to the Issuer's 2013 Omnibus Incentive Plan, which vest in two equal annual installments beginning on February 15, 2017.
- F2Shares withheld by the Company for the payment of tax liability incident to vesting of restricted stock units.
- F3The option vests in three equal annual installments beginning on February 15, 2017.
Remarks
Executive Vice President and President, Hilton Grand Vacations