Form 4 for PRKS United Parks & Resorts Inc.
Accepted 2024-11-13 00:00:00 ET · period of report 2024-11-11 · accession 0000950170-24-126688 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-11-13 | 2024-11-11 | PRKS | Rady Michael | See remarks | A - Grant | $0.00 | +11.4K | 8,805 | New | $0 |
| DM | 2024-11-13 | 2024-11-11 | PRKS | Rady Michael | See remarks | A - Grant | $56.78 | +8,805 | 6,164 | New | +$499.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-11-11 | A | A | 2,641 | $0.00 | 11,446 | D | — | — | (F2) Represents restricted stock units issued pursuant to the Issuer's 2017 Omnibus Incentive Plan, which vest 100% on March 31, 2025. In addition, the officer is required to maintain ownership of at least fifty percent of the net shares received upon vesting until: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer. |
| 2 | Common | Common Stock | 2024-11-11 | A | A | 8,805 | $0.00 | 8,805 | D | — | — | (F1) Represents restricted stock units issued pursuant to the Issuer's 2017 Omnibus Incentive Plan, which vest over four years, with 25% vesting on each of the first four anniversaries of the date of grant. In addition, the officer is required to maintain ownership of at least fifty percent of the net shares received upon vesting until: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2024-11-11 | A | A | 2,641 | $56.78 | 2,641 | D | $56.78 · — to 2034-11-11 | 2,641 Common Stock | (F4) The option vests over four years, with 25% vesting on each of the first four anniversaries of the date of grant. Any vested options become exercisable: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2024-11-11 | A | A | 6,164 | $56.78 | 6,164 | D | $56.78 · — to 2034-11-11 | 6,164 Common Stock | (F3) The option becomes exercisable over four years, with 25% becoming exercisable on each of the first four anniversaries of the date of grant. |