4//SEC Filing
Rose Alex 4
Accession 0001104659-25-019201
CIK 0001574085other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:43 PM ET
Size
15.5 KB
Accession
0001104659-25-019201
Insider Transaction Report
Form 4
Rose Alex
Exec. VP, GC and Secretary
Transactions
- Award
Performance Stock Units (2022)
2025-02-26+30,127→ 70,839 totalExercise: $0.00From: 2024-12-31Exp: 2024-12-31→ Common Stock (70,839 underlying) - Exercise/Conversion
Common Stock
2025-02-26+70,839→ 70,839 total - Exercise/Conversion
Performance Stock Units (2022)
2025-02-26−70,839→ 0 totalExercise: $0.00From: 2024-12-31Exp: 2024-12-31→ Common Stock (0 underlying) - Award
Common Stock
2025-02-26+10,289→ 81,128 total - Tax Payment
Common Stock
2025-02-26$2.69/sh−19,755$53,141→ 61,373 total
Holdings
- 67,233
Performance Stock Units (2023)
Exercise: $0.00From: 2025-12-31Exp: 2025-12-31→ Common Stock (67,233 underlying)
Footnotes (5)
- [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 dividend equivalent rights that accrued on a Performance Stock Unit award pursuant to the dividend reinvestment feature of the award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock and is settled in common stock.
- [F3]Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the award of dividend equivalent rights and the vesting of Performance Stock Units, restricted stock and common stock held by the Reporting Person.
- [F4]Represents the closing price of the common stock on February 25, 2025, the last trading day before the date of forfeiture.
- [F5]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, 2025 (with respect to the 2023 grant).
Documents
Issuer
Braemar Hotels & Resorts Inc.
CIK 0001574085
Entity typeother
Related Parties
1- filerCIK 0001870678
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:43 PM ET
- Size
- 15.5 KB