Moody National REIT I, Inc. 4
4 · Moody National REIT I, Inc. · Filed Aug 13, 2014
Insider Transaction Report
Form 4
Thompson John P
Director
Transactions
- Award
Common Stock
2014-08-11+2,500→ 18,168 total
Footnotes (2)
- [F1]On August 11, 2014, Moody National REIT I, Inc. (the "Issuer") granted the reporting person 2,500 restricted shares of common stock pursuant to the Issuer's independent directors' compensation plan ("Plan") upon the reporting person's re-election to the Issuer's board of directors. The shares of restricted stock granted pursuant to the Plan will generally vest and become non-forfeitable in equal quarterly installments beginning on the first day of the first quarter following the date of grant; provided, however, that the shares of restricted stock granted pursuant to the Plan will become fully vested on the earlier to occur of (1) the termination of the reporting person's service as a director due to his or her death or disability, or (2) a change in control of the Issuer.
- [F2]Shares of restricted common stock granted at no cost pursuant to the Plan.