4//SEC Filing
Evans Mary Candace 4
Accession 0001104659-21-102833
CIK 0001574085other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 4:04 PM ET
Size
7.2 KB
Accession
0001104659-21-102833
Insider Transaction Report
Form 4
Evans Mary Candace
Director
Transactions
- Purchase
Series E Redeemable Preferred Stock
2021-08-06$22.50/sh+1,000$22,500→ 1,000 total
Holdings
- 1,125
Common Stock
- 31,791
LTIP Units
Exercise: $0.00→ Common Stock
Footnotes (2)
- [F1]Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.
- [F2]The LTIP Units have no expiration date.
Documents
Issuer
Braemar Hotels & Resorts Inc.
CIK 0001574085
Entity typeother
Related Parties
1- filerCIK 0001780661
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 4:04 PM ET
- Size
- 7.2 KB