SONG YAO (ROB) 4
4 · CorePoint Lodging Inc. · Filed Mar 26, 2021
Insider Transaction Report
Form 4
SONG YAO (ROB)
SVP & Chief Investment Officer
Transactions
- Award
Common Stock
2021-03-23+20,882→ 84,618 total - Award
Restricted Stock Units
2021-03-23+5,325→ 5,325 total→ Common Stock (5,325 underlying)
Footnotes (3)
- [F1]Represents a grant of restricted stock that vests in three equal annual installments beginning on December 15, 2021.
- [F2]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.
- [F3]These RSUs vest based on the Issuer's absolute total shareholder return ("Absolute TSR") 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.