4/A//SEC Filing
Furbay Troy 4/A
Accession 0001298946-19-000054
CIK 0001298946other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 6:49 PM ET
Size
8.3 KB
Accession
0001298946-19-000054
Insider Transaction Report
Form 4/AAmended
Furbay Troy
Chief Investment Officer
Transactions
- Award
Common stock, par value $0.01 per share
2019-03-01+0→ 211,294 total - Award
LTIP Units
2019-03-01+41,080→ 41,080 total→ Common stock, par value $0.01 per share (41,080 underlying)
Footnotes (4)
- [F1]This amendment is being filed to correct the type of security granted to the reporting person. The original report stated that the reporting person was granted restricted stock. Instead, he was granted LTIP units. Column 5 of Table 1 reflects the number of shares of the Issuer's common stock owned by the reporting person as of March 1, 2019.
- [F2]Represents LTIP Units in DiamondRock Hospitality Limited Partnership ("DRHLP"), of which the Issuer is the general partner.
- [F3]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit will be converted automatically into a common unit of limited partnership interest in DRHLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's common stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of common stock. The conversion feature of vested LTIP Units and the redemption rights for Common OP Units do not have expiration dates.
- [F4]The LTIP Units vest in three annual installments beginning on February 27, 2020.
Documents
Issuer
DiamondRock Hospitality Co
CIK 0001298946
Entity typeother
Related Parties
1- filerCIK 0001605213
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 6:49 PM ET
- Size
- 8.3 KB