SEC Form 4 · accession 0001585689-17-000012
Hilton Worldwide Holdings Inc. · HLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian Russell Carter
Officer — See Remarks
Period of report
Jan 6, 2017
Accepted (ET)
Jan 10, 2017 · 7:10 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,F2 | Jan 6, 2017 | A | 19,184 | $0.00 | A | 575,318 | D | |
| Common StockF3 | Jan 6, 2017 | A | 27,671 | $0.00 | A | 602,989 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents conversion of 2015 performance awards into restricted shares in connection with the Issuer's spin-off of Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc. (the "spin-offs"). All of these restricted shares vest on December 31, 2017.
- F2Reflects adjustment of unvested restricted stock units in connection with the spin-offs and a 1-for-3 reverse stock split of the Issuer's common stock effected on January 3, 2017.
- F3Represents conversion of 2016 performance awards into restricted shares in connection with the spin-offs. All of these restricted shares vest on December 31, 2018.
Remarks
Executive Vice President and President, Development, Architecture and Construction