SEC Form 4 · accession 0001214659-17-004278
Park Hotels & Resorts Inc. · PK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia M Bedient
Director
Period of report
Jun 30, 2017
Accepted (ET)
Jul 3, 2017 · 4:21 pm EDT
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 | Jun 30, 2017 | A | 832 | $0.00 | A | 4,411 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person has elected to receive an award of shares of the issuer's unrestricted common stock ("Common Stock") under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors in lieu of cash fees payable to the reporting person for service on the Company's board of directors during the second quarter of 2017 ("Board Fee"). The Common Stock was granted on the date such fees would otherwise have been payable, June 30, 2017, and vested immediately. The Common Stock had a market value based on the closing sales price of the issuer's common stock reported on the New York Stock Exchange on the grant date.