Examples of HGV Parent in a sentence
A: HGV Parent is a rapidly growing timeshare company that markets and sells vacation ownership intervals and manages resorts in top destinations.
To complete the spin-off, Hilton Parent will distribute to its stockholders all of the outstanding shares of HGV Parent common stock.
After the spin-off is completed, HGV Parent will be an independent, publicly traded company.
HGV Parent is currently a subsidiary of Hilton Parent whose shares will be distributed to Hilton Parent stockholders when the spin-off is completed.
A: As a holder of Hilton Parent common stock, you will retain your Hilton Parent shares and will receive one share of HGV Parent common stock for every shares of Hilton Parent common stock you own as of the record date.
See “Where You Can Find More Information.” Under “Description of Capital Stock,” “we,” “us,” “our” and “our company” refer to HGV Parent and not to any of its subsidiaries.
The actual number of shares of HGV Parent subject to awards to be received on conversion of awards of Hilton Parent may differ from the assumed amounts presented herein.
A: As a holder of Hilton Parent common stock, you will retain your Hilton Parent shares and will receive one share of HGV Parent common stock for every ten shares of Hilton Parent common stock you own as of the record date.
The shares underlying options and restricted stock units reflected herein is based on assumed adjustments to Hilton Parent equity-based awards expected to be outstanding under the Hilton Parent Incentive Plan on the distribution date using the closing price of Hilton Parent stock as of November 8, 2016 and a hypothetical price of HGV Parent stock.
Earnings and Profits Distribution Requirement In connection with the spin-off, Hilton Parent will allocate its earnings and profits (as determined for U.S. federal income tax purposes) for periods prior to the consummation of the spin-off between Hilton Parent, HGV Parent and us in accordance with provisions of the Code.