4//SEC Filing
Xenia Hotels & Resorts, Inc. 4
Accession 0001209191-15-010342
$XHRCIK 0001616000operating
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 4:19 PM ET
Size
11.0 KB
Accession
0001209191-15-010342
Insider Transaction Report
Form 4
WELCH ANDREW J
See Remarks
Transactions
- Award
Share Units
2015-02-04+20,330→ 20,330 totalExercise: $0.00From: 2017-03-12Exp: 2017-03-12→ Common Stock (20,330 underlying) - Award
Share Units
2015-02-04+25,847→ 25,847 totalExercise: $0.00→ Common Stock (25,847 underlying) - Award
Common Stock
2015-02-04+146→ 146 total
Footnotes (4)
- [F1]Represents shares of Common Stock granted to the Reporting Person pursuant to the Xenia Hotels & Resorts, Inc., XHR Holding, Inc. and XHR LP 2015 Incentive Award Plan in order to satisfy certain state law requirements relating to obtaining liquor licenses for properties belonging to the Issuer.
- [F2]Each share unit represents the contingent right to receive one share of Common Stock.
- [F3]The annual share units issued under the Xenia Hotels & Resorts, Inc. 2014 Share Unit Plan (the "2014 Share Unit Plan") vest and become payable on March 12, 2017. The annual share units will be settled in Common Stock or the cash equivalent thereof upon vesting, subject to earlier settlement upon termination of the Reporting Person's employment with the Issuer by the Reporting Person for Good Reason (as defined in the award agreement or the 2014 Share Unit Plan) or by the Issuer without Cause (as defined in the award agreement or the 2014 Share Unit Plan), and subject to earlier settlement in cash upon the Reporting Person's death or disability.
- [F4]The contingent share units issued under the 2014 Share Unit Plan vest and become payable in three equal annual installments beginning on February 4, 2016. The contingent share units will be settled in Common Stock or the cash equivalent thereof upon vesting, subject to earlier settlement upon termination of the Reporting Person's employment with the Issuer by the Reporting Person for Good Reason (as defined in the award agreement or the 2014 Share Unit Plan) or by the Issuer without Cause (as defined in the award agreement or the 2014 Share Unit Plan), and subject to earlier settlement in cash upon the Reporting Person's death or disability.
Documents
Issuer
Xenia Hotels & Resorts, Inc.
CIK 0001616000
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001616000
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 4:19 PM ET
- Size
- 11.0 KB