4//SEC Filing
Shah Jay H 4
Accession 0001104659-24-131703
CIK 0001574085other
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 4:01 PM ET
Size
6.5 KB
Accession
0001104659-24-131703
Insider Transaction Report
Form 4
Shah Jay H
Director
Transactions
- Award
LTIP Units
2024-12-23+9,119→ 9,119 totalExercise: $0.00→ Common Stock
Footnotes (3)
- [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 Unit awards reported herein were issued as a grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan, in connection with the Reporting Person's appointment to the Issuer's Board of Directors.
- [F3]Neither the Common Partnership Units nor vested LTIP Units have an expiration date.
Documents
Issuer
Braemar Hotels & Resorts Inc.
CIK 0001574085
Entity typeother
Related Parties
1- filerCIK 0001330128
Filing Metadata
- Form type
- 4
- Filed
- Dec 25, 7:00 PM ET
- Accepted
- Dec 26, 4:01 PM ET
- Size
- 6.5 KB