Michael W. Duffy - Mar 2, 2023 Form 4 Insider Report for Hilton Worldwide Holdings Inc. (HLT)

Role
Senior Vice President, Chief Accounting and Risk Officer
Signature
/s/ Kristin A. Campbell, Attorney-in-Fact
Stock symbol
HLT
Transactions as of
Mar 2, 2023
Transactions value $
-$685,804
Form type
4
Date filed
3/6/2023, 04:37 PM
Previous filing
Dec 2, 2022
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLT Common Stock Award $0 +5.53K +23.01% $0.00 29.6K Mar 2, 2023 Direct F1
transaction HLT Common Stock Award $0 +1.12K +3.79% $0.00 30.7K Mar 2, 2023 Direct F2
transaction HLT Common Stock Tax liability -$686K -4.65K -15.14% $147.58 26K Mar 3, 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 HLT Employee Stock Option (right to buy) Award $0 +3.13K $0.00 3.13K Mar 2, 2023 Common Stock 3.13K $146.19 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned in connection with the performance-based units previously granted and unreportable on March 3, 2020 (as modified on December 22, 2020) pursuant to the Hilton 2017 Omnibus Incentive Plan. Shares were earned based upon the level of attainment of certain performance objectives and continued employment. These shares fully vested on March 2, 2023 following certification by the issuer's compensation committee.
F2 Represents restricted stock units of the Issuer issued pursuant to the Hilton 2017 Omnibus Incentive Plan, which vest in two equal annual installments beginning on March 3, 2024.
F3 Shares withheld by the Company for the payment of tax liability incident to vesting of restricted stock units and performance share units.
F4 The option vests in three equal annual installments beginning on March 3, 2024.

Remarks:

Senior Vice President, Chief Accounting and Risk Officer