0000921895-20-001782.txt : 20200615
0000921895-20-001782.hdr.sgml : 20200615
20200615193330
ACCESSION NUMBER: 0000921895-20-001782
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200611
FILED AS OF DATE: 20200615
DATE AS OF CHANGE: 20200615
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HAT Fund LP
CENTRAL INDEX KEY: 0001814671
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35883
FILM NUMBER: 20964604
BUSINESS ADDRESS:
STREET 1: 150 EAST 58TH STREET
STREET 2: 32ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10155
BUSINESS PHONE: 212-632-5420
MAIL ADDRESS:
STREET 1: 150 EAST 58TH STREET
STREET 2: 32ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10155
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SeaWorld Entertainment, Inc.
CENTRAL INDEX KEY: 0001564902
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
IRS NUMBER: 271220297
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6240 SEA HARBOR DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32821
BUSINESS PHONE: (407) 226-5011
MAIL ADDRESS:
STREET 1: 6240 SEA HARBOR DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32821
3
1
form311269002a-06152020.xml
OWNERSHIP DOCUMENT
X0206
3
2020-06-11
0
0001564902
SeaWorld Entertainment, Inc.
SEAS
0001814671
HAT Fund LP
150 EAST 58TH STREET
32ND FLOOR
NEW YORK
NY
10155
0
0
0
1
See Footnote 1
Cash-Settled Total Return Swap
2027-06-08
Common Stock
131609
D
The Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. The Reporting Person disclaims beneficial ownership of the securities of the Issuer owned by the other members of the Section 13(d) group and this report shall not be deemed an admission that it is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The Reporting Person entered into a cash-settled total return swap agreement with an unaffiliated third party financial institution as the counterparty (the "Swap") that established economic exposure to 131,609 notional shares of the Issuer's Common Stock (the "Subject Shares"). The Swap provides the Reporting Person with economic results that are comparable to the economic results of ownership but does not provide the Reporting Person with the power to vote or direct the voting or dispose of or direct the disposition of the Subject Shares.
The termination date of the Swap will be automatically extended by thirty-six months unless the counterparty elects not to so extend the termination date at least one year prior thereto.
HAT Fund LP, Hill Path Capital LP, By: /s/ Scott Ross, Managing Partner
2020-06-15