SEC Form 4 · accession 0001123292-19-000065
Playa Hotels & Resorts N.V. · PLYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brandon B Buhler
Officer — Chief Accounting Officer
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001692412
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Jan 2, 2019 | A | 22,500 | $0.00 | A | 64,175 | D | |
| Ordinary SharesF2,F3 | Jan 3, 2019 | S | 2,246 | $6.95 | D | 61,929 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted Ordinary Shares granted to the reporting person pursuant to the issuer's 2017 Omnibus Incentive Plan. The shares will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the reporting person's continued employment.
- F2Represents shares sold to cover tax withholding due upon vesting of restricted Ordinary Shares.
- F3This transaction was executed in multiple trades at prices ranging from $6.94 to $6.97; the price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.