SEC Form 4 · accession 0001214659-17-001734
Park Hotels & Resorts Inc. · PK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Abram Sparks
Officer — See Remarks
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 Stock | Mar 3, 2017 | J | 2,994 | $0.00 | A | 60,201 | 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 of the E&P Dividend, Mr. Sparks received 2,994 additional restricted stock units of the Issuer.
Remarks
Title: Executive Vice President and Chief Investment Officer