4//SEC Filing
Vaziri Abteen 4
Accession 0001104659-24-063063
CIK 0001574085other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 4:44 PM ET
Size
8.9 KB
Accession
0001104659-24-063063
Insider Transaction Report
Form 4
Vaziri Abteen
Director
Transactions
- Award
LTIP Units
2024-05-15+14,925→ 47,098 totalExercise: $0.00→ Common Stock
Holdings
- 12,012
Common Stock
- 34,928
Common Partnership Units
Exercise: $0.00→ Common Stock
Footnotes (5)
- [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. See Footnote 4 discussing the convertibility of Common Partnership Units.
- [F2]The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan, in connection with the Reporting Person's continued service on the Issuer's Board of Directors.
- [F3]Neither the Common Partnership Units nor vested LTIP Units have an expiration date.
- [F4]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.
- [F5]Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person. See Footnote 4 discussing the convertibility of the Common Partnership Units.
Documents
Issuer
Braemar Hotels & Resorts Inc.
CIK 0001574085
Entity typeother
Related Parties
1- filerCIK 0001716587
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 4:44 PM ET
- Size
- 8.9 KB