Christopher Dold - Jun 6, 2024 Form 4 Insider Report for United Parks & Resorts Inc. (PRKS)

Role
Chief Zoological Officer
Signature
/s/ G. Anthony (Tony) Taylor, Power of Attorney
Stock symbol
PRKS
Transactions as of
Jun 6, 2024
Transactions value $
-$1,548,027
Form type
4
Date filed
6/7/2024, 04:00 PM
Previous filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRKS Common Stock Options Exercise $61.3K +2.43K +3.99% $25.20* 63.3K Jun 6, 2024 Direct
transaction PRKS Common Stock Options Exercise $66.7K +2.45K +3.87% $27.21* 65.8K Jun 6, 2024 Direct
transaction PRKS Common Stock Sale -$1.68M -32.5K -49.45% $51.54* 33.2K Jun 6, 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) Options Exercise $0 -2.43K -100% $0.00* 0 Jun 6, 2024 Common Stock 2.43K $25.20 Direct F2
transaction PRKS Employee Stock option (right to buy) Options Exercise $0 -2.45K -100% $0.00* 0 Jun 6, 2024 Common Stock 2.45K $27.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $51.20 to $52.09, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 The option, representing a right to purchase a total of 10,943 shares, became exercisable in three equal annual installments beginning on March 14, 2020, which was the first anniversary of the date on which the option was granted.
F3 The option, representing a right to purchase a total of 5,512 shares, became exercisable in three equal annual installments beginning on February 28, 2021, which was the first anniversary of the date on which the option was granted.