Rose Alex 4
4 · Braemar Hotels & Resorts Inc. · Filed Mar 7, 2023
Insider Transaction Report
Form 4
Rose Alex
Exec. VP, GC and Secretary
Transactions
- Award
Performance Stock Units (2023)
2023-03-03+67,233→ 67,233 totalExercise: $0.00From: 2025-12-31Exp: 2025-12-31→ Common Stock (67,233 underlying)
Holdings
- 40,712
Performance Stock Units (2022)
Exercise: $0.00From: 2024-12-31Exp: 2024-12-31→ Common Stock (40,712 underlying)
Footnotes (3)
- [F1]Each performance stock unit ("Performance Stock Unit") award represents the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.
- [F2]Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the target number of Performance Stock Units reported, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder returns, the Performance Stock Units, as adjusted, will generally vest on December 31, 2024 (with respect to the 2022 grant) and December 31, 2025 (with respect to the 2023 grant).
- [F3]The Reporting Person received the Performance Stock Units pursuant to a grant from the Issuer under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.