George Anthony Taylor - Mar 14, 2023 Form 4 Insider Report for SeaWorld Entertainment, Inc. (SEAS)

Role
Title: Chief Legal Officer, General Counsel and Corporate Secretary
Signature
/s/ Jeffrey Schwartz, Power of Attorney
Stock symbol
SEAS
Transactions as of
Mar 14, 2023
Transactions value $
-$1,637,904
Form type
4
Date filed
3/16/2023, 04:00 PM
Previous filing
Mar 6, 2023
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAS Common Stock Options Exercise $240K +13.2K +10.24% $18.17 142K Mar 14, 2023 Direct
transaction SEAS Common Stock Sale -$1.81M -31.1K -21.88% $58.07 111K Mar 14, 2023 Direct F1
transaction SEAS Common Stock Sale -$62.7K -1.07K -0.96% $58.75 110K Mar 14, 2023 Direct F2
transaction SEAS Common Stock Tax liability -$8.69K -150 -0.14% $57.93 110K Mar 14, 2023 Direct F3

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 SEAS Employee Stock Option (right to buy) Options Exercise $0 -13.2K -33.33% $0.00 26.4K Mar 14, 2023 Common Stock 13.2K $18.17 Direct F4
* 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 $57.55 to $58.54, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $58.55 to $58.85, 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.
F3 Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock units.
F4 The option, representing a right to purchase a total of 64,355 shares, became exercisable in four equal annual installments beginning on March 1, 2017, which was the first anniversary of the date on which the option was granted.

Remarks:

Title: Chief Legal Officer, General Counsel and Corporate Secretary