0001214659-24-001121.txt : 20240123 0001214659-24-001121.hdr.sgml : 20240123 20240123165529 ACCESSION NUMBER: 0001214659-24-001121 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240119 FILED AS OF DATE: 20240123 DATE AS OF CHANGE: 20240123 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Robb Darren W CENTRAL INDEX KEY: 0001691158 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37795 FILM NUMBER: 24553241 MAIL ADDRESS: STREET 1: C/O PARK HOTELS & RESORTS INC. STREET 2: 1775 TYSONS BLVD., 7TH FLOOR CITY: TYSONS STATE: VA ZIP: 22102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Park Hotels & Resorts Inc. CENTRAL INDEX KEY: 0001617406 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 362058176 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1775 TYSONS BLVD STREET 2: 7TH FLOOR CITY: TYSONS STATE: VA ZIP: 22102 BUSINESS PHONE: (571) 302-5757 MAIL ADDRESS: STREET 1: 1775 TYSONS BLVD STREET 2: 7TH FLOOR CITY: TYSONS STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: Hilton Worldwide, Inc. DATE OF NAME CHANGE: 20140820 4 1 marketforms-64369.xml PRIMARY DOCUMENT X0508 4 2024-01-19 0001617406 Park Hotels & Resorts Inc. PK 0001691158 Robb Darren W C/O PARK HOTELS & RESORTS INC. 1775 TYSONS BLVD, 7TH FLOOR TYSONS VA 22102 false true false false SVP and CAO 0 Common Stock 2024-01-19 4 A false 7432 0.00 A 79231 D Common Stock 2024-01-19 4 F false 2609 16 D 76622 D 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. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the delivery of shares of common stock earned from the performance stock unit awards previously granted pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time). /s/ Nancy Vu, as Attorney-in-Fact 2024-01-23