SEC Form 4 · accession 0000899243-16-035962
Park Hotels & Resorts Inc. · PK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hilton Worldwide Holdings Inc.
10% Owner
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001617406
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Dec 15, 2016 | J | 1,000 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of the date of this report, Hilton Worldwide Holdings Inc. ("Parent") has announced its intention to spin-off Park Hotels & Resorts Inc. ("PHR") from Parent. The record date for the distribution of all of the PHR common stock owned by Parent to the holders of Parent common stock was December 15, 2016. Parent is expected to distribute all of the common stock of PHR on January 3, 2016.
- F2The reported disposition represents 100% of Parent's equity holdings in PHR on the record date.