SEC Form 4 · accession 0001214659-17-001733
Park Hotels & Resorts Inc. · PK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Baltimore Jr.
Officer — See Remarks · Director
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 6:28 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 | Mar 3, 2017 | J | 27,620 | $0.00 | A | 391,212 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 9, 2017, the Issuer declared an earnings and profits dividend (the "E&P Dividend"), payable in cash and stock to all shareholders of record as of January 19, 2017, of $2.79 per share. As a result, Mr. Baltimore received (i) 26,230 additional restricted stock units of the Issuer and (ii) 1,390 additional shares of common stock of the Issuer.
- F2Includes 13,265 shares of common stock of the Issuer received with respect to shares of Hilton Worldwide Holdings Inc. ("HLT") common stock held prior to the spin-off of the Issuer from HLT.
Remarks
Title: Chairman of the Board, President and Chief Executive Officer