Piantedosi Joseph M. bought PK
January 19, 2024 · Form 4 insider transaction
Piantedosi Joseph M. bought 1,620 shares of Park Hotels & Resorts Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Represents shares of common stock earned and delivered related to a vested performance stock unit award previously granted in February 2021 pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time). The number of earned performance stock units was based on the achievement of performance criteria as determined by the Compensation & Human Capital Committee of the Issuer's Board of Directors on January 19, 2024 with respect to a performance period commencing on January 1, 2021 and ending on December 31, 2023 (the "Performance Period") and represents 113% of the target number of performance stock units eligible to be earned. The performance criteria measured the Issuer's achievement of certain levels of total shareholder return ("TSR") relative to a pre-determined industry peer group during the Performance Period.