James Mikolaichik - Nov 18, 2024 Form 4 Insider Report for United Parks & Resorts Inc. (PRKS)

Role
Chief Financial Officer and Treasurer
Signature
/s/ Dan Bollinger, Power of Attorney
Stock symbol
PRKS
Transactions as of
Nov 18, 2024
Transactions value $
$3,866,820
Form type
4
Date filed
11/25/2024, 04:10 PM
Previous filing
Nov 25, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRKS Common Stock Purchase $1.95M +34K +80.44% $57.29 76.3K Nov 18, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRKS Employee Stock Option (right to buy) Award $1.34M +23.8K $56.44 23.8K Nov 18, 2024 Common Stock 23.8K $56.44 Direct F2, F3
transaction PRKS Employee Stock Option (right to buy) Award $576K +10.2K $56.44 10.2K Nov 18, 2024 Common Stock 10.2K $56.44 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Open market purchase.
F2 Represents a grant of employee stock options to the reporting person under the Company's 2017 Omnibus Incentive Plan and pursuant to the Company's compensation program which provides that upon the purchase of shares of common stock in the open market, certain employees of the Company may receive a matching grant of employee stock options based on a matching formula, which is currently a one-for-one basis.
F3 The option becomes exercisable on the third anniversary of the date of the grant.
F4 Represents a grant of employee stock options to the reporting person under the Company's 2017 Omnibus Incentive Plan and pursuant to the Company's compensation program which provides that upon the purchase of shares of common stock in the open market, certain employees of the Company may receive a matching grant of employee stock options based on a matching formula, which is currently a one-for-one basis.
F5 The options vest on the third anniversary 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.

Remarks:

Chief Financial Officer and Treasurer