PERLA STANLEY R 4
4 · Hospitality Investors Trust, Inc. · Filed Jul 1, 2019
Insider Transaction Report
Form 4
PERLA STANLEY R
Director
Transactions
- Award
Common Stock
2019-07-01+5,429→ 19,420 total
Footnotes (1)
- [F1]Restricted share units issued under the Amended and Restated Employee and Director Incentive Restricted Share Plan (the "RSP") of Hospitality Investors Trust, Inc. (the "Company"). Each restricted share unit represents a contingent right to receive one share of common stock of the Company. The restricted share units vest in full on the earlier of (i) the date of the 2020 annual meeting of the board of directors of the Company; or (ii) July 1, 2020. Vested units may only be settled in shares of common stock and such settlement generally will be on the earliest of (i) in the calendar year in which the third anniversary of the vesting date occurs, (ii) termination of the reporting person and (iii) a change in control event.