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(\"HLT\") and converted into restricted share units of Park Hotels & Resorts Inc. (the \"Issuer\") in connection with the spin-off of the Issuer from HLT (the \"Spin-off\") based on a determination as to the satisfaction of the performance metrics by the compensation committee of HLT."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 19,960 restricted stock units that represent equity awards granted by HLT that have been converted into equity awards of the Issuer in connection with the Spin-off."}],"balance_after":28604,"source":{"system":"sec-edgar","filing":"0001214659-17-001482","document":"marketforms-38103.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1691979/000121465917001482/marketforms-38103.xml","form_type":"4"}}]}