Engel Thomas R 4
4 · PROCACCIANTI HOTEL REIT, INC. · Filed Dec 22, 2022
Insider Transaction Report
Form 4
Engel Thomas R
Director
Transactions
- Award
Class K Common Stock
2022-12-22+250→ 1,500 total
Footnotes (1)
- [F1]Mr. Engel received a grant of 250 restricted shares of Class K common stock under the long-term incentive plan. The shares will vest in equal amounts annually over a four-year period on and following the first anniversary of the date of grant in increments of 25% per annum; provided, however, that the shares will become fully vested on the earlier to occur of (1) the termination of Mr. Engel's service as a director due to his death or disability, or (2) a change in control of the company.