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