Pursuit Attractions (PRSU) director linked to 3,596 RSU grant, 6.67M shares
Rhea-AI Filing Summary
Pursuit Attractions & Hospitality, Inc. reported an insider equity grant tied to board member Brian P. Cassidy. An award of 3,596 restricted stock units (RSUs) linked to Common Stock was granted under the Omnibus Incentive Plan and is scheduled to vest on March 1, 2027, subject to plan and award terms. Mr. Cassidy has assigned all rights in these RSUs and underlying shares to Crestview Advisors, L.L.C.
Separate from this grant, entities referred to as the Crestview Funds hold 6,674,234 shares of Common Stock indirectly. Crestview Partners IV GP, L.P. exercises voting and dispositive power over those shares through its investment committee, and each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,596 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents an award of restricted stock units ("RSUs") with respect to Common Stock of the Issuer, par value $1.50 per share ("Common Stock") granted to Brian P. Cassidy under the Issuer's Omnibus Incentive Plan (as amended, the "Plan"). The RSUs are scheduled to vest on March 1, 2027, subject to the terms of the Plan and the applicable award agreement issued thereunder. Mr. Cassidy has assigned all rights, title and interest in the RSUs (including the shares of Common Stock thereunder) granted to him to Crestview Advisors, L.L.C. Represents restricted stock units ("RSUs") with respect to Common Stock granted to Brian P. Cassidy and Patrick LaValley under the Plan. Each of Messrs. Cassidy and LaValley has assigned all rights, title and interest in the RSUs (including the shares of Common Stock thereunder) granted to him to Crestview Advisors, L.L.C. Includes RSUs with respect to 1,276 shares that vested upon Mr. LaValley's resignation from the board of directors of the Issuer and his separation from Crestview Advisors, L.L.C. Represents shares held by Crestview IV VC TE Holdings, LLC, Crestview IV VC Holdings L.P. and Crestview IV VC CI Holdings, L.P. (collectively, the "Crestview Funds"). Crestview Partners IV GP, L.P. may be deemed to have beneficial ownership of the shares of Common Stock held by the Crestview Funds. Crestview Partners IV GP, L.P. exercises voting and dispositive power over the shares of Common Stock held by the Crestview Funds, which decisions are made by the investment committee of Crestview Partners IV GP, L.P. and the chairman of such investment committee. Mr. Cassidy is a member of the Issuer's board of directors. Mr. Cassidy is a Partner of Crestview, L.L.C. (which is the general partner of Crestview Partners IV GP, L.P.) and Crestview Advisors, L.L.C. (which provides investment advisory and management services to investment funds owning interests in the Crestview Funds). Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.