CANTELE JOHN W 4
4 · CorePoint Lodging Inc. · Filed Mar 28, 2019
Insider Transaction Report
Form 4
CANTELE JOHN W
EVP & COO
Transactions
- Gift
Common Stock
2019-03-20−54,173→ 129,675 total - Award
Restricted Stock Units
2019-03-26+30,534→ 30,534 total→ Common Stock (30,534 underlying) - Gift
Common Stock
2019-03-20+54,173→ 54,173 total(indirect: By Trust) - Award
Common Stock
2019-03-26+34,352→ 164,027 total
Footnotes (4)
- [F1]Reflects securities held by a trust for the benefit of the Reporting Person's family, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trust, except to the extent of his pecuniary interest therein.
- [F2]Represents a grant of restricted stock that vests in three equal annual installments beginning on December 15, 2019.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock payable in common stock, cash or a combination thereof at the discretion of the Issuer's Compensation Committee.
- [F4]These RSUs vest based on the Issuer's absolute total shareholder return ("Absolute TSR") meeting certain performance criteria as follows: (a) 50% shall vest based on Absolute TSR meeting such performance criteria over a two-year period beginning on the grant date and ending on the second anniversary of the grant date, and (b) 50% shall vest based on Absolute TSR meeting such performance criteria over a three-year performance period beginning on the grant date and ending on the third anniversary of the grant date. The number of RSUs reported represents the target number awarded on the grant date. The number that would be received upon vesting, if any, may vary from 0% to 175% of the target number shown.