4//SEC Filing
Medzigian Michael G 4
Accession 0001209191-20-024593
CIK 0001430259other
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 9:40 PM ET
Size
13.6 KB
Accession
0001209191-20-024593
Insider Transaction Report
Form 4
Medzigian Michael G
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2020-04-01$10.39/sh+9,220.15$95,797→ 30,497.419 total(indirect: By LLC) - Award
Common Stock
2020-03-18$10.39/sh+21,277.269$221,071→ 21,277.269 total(indirect: By LLC) - Disposition to Issuer
Common Stock
2020-04-13−17,078.554→ 0 total(indirect: By LLC) - Other
Common Stock
2020-04-06$10.39/sh−13,418.865$139,422→ 17,078.554 total(indirect: By LLC) - Disposition to Issuer
Common Stock
2020-04-13−91,870.956→ 0 total(indirect: By Trust)
Footnotes (6)
- [F1]Represents asset management fees paid in shares of the Issuer for the period from March 1, 2020 through March 31, 2020 at the election of the Reporting Person under the terms of the subadvisory agreement between CWA, LLC, the Subadvisor, which is wholly owned by the Reporting Person, and the advisor to the Issuer.
- [F2]Represents asset management fees paid in shares of the Issuer for the period from April 1, 2020 through April 13, 2020 at the election of the Reporting Person under the terms of the subadvisory agreement between CWA, LLC, the Subadvisor, which is wholly owned by the Reporting Person, and the advisor to the Issuer.
- [F3]Represents the rescission, effective as of the original issue date, of a number of shares from the issuances of Common Stock that occurred on March 18, 2020 and April 1, 2020 that were erroneously issued in shares instead of cash.
- [F4]Disposed of pursuant to a merger agreement among the Issuer ("CWI 1"), Carey Watermark Investors 2 Incorporated ("CWI 2") and a wholly owned subsidiary of CWI 2, in which each share of CWI 1 common stock owned was exchanged for 0.9106 shares of CWI 2 Class A common stock in the merger, which is equivalent to $10.39 per share based on CWI 2's last estimated net asset value of $11.41 per share as of December 31, 2018, for a total of 15,551.7310 shares of CWI 2 Class A common stock.
- [F5]Includes 11,526.360 shares previously acquired under the Issuer's distribution reinvestment plan.
- [F6]Disposed of pursuant to a merger agreement among CWI 1, CWI 2 and a wholly owned subsidiary of CWI 2, in which each share of CWI 1 common stock owned was exchanged for 0.9106 shares of CWI 2 Class A common stock in the merger, which is equivalent to $10.39 per share based on CWI 2's last estimated net asset value of $11.41 per share as of December 31, 2018, for a total of 83,657.6920 shares of CWI 2 Class A common stock.
Documents
Issuer
Carey Watermark Investors Inc
CIK 0001430259
Entity typeother
Related Parties
1- filerCIK 0001500752
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 9:40 PM ET
- Size
- 13.6 KB