4//SEC Filing
Vaziri Abteen 4
Accession 0001567619-18-001284
CIK 0001574085other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 2:38 PM ET
Size
6.9 KB
Accession
0001567619-18-001284
Insider Transaction Report
Form 4
Vaziri Abteen
Director
Transactions
- Award
LTIP Units
2018-08-14$0.05/sh+5,700$285→ 5,700 totalExercise: $0.00→ Common Stock (5,700 underlying)
Holdings
- 2,133
Common Stock
Footnotes (4)
- [F1]Fully vested special long-term incentive partnership units ("LTIP Units") in Ashford Hospitality Prime Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.
- [F2]The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's 2013 Equity Incentive Plan upon the Reporting Person's re-election to the Issuer's Board of Directors.
- [F3]The LTIP Units have no expiration date.
- [F4]Per LTIP Unit purchase price.
Documents
Issuer
Braemar Hotels & Resorts Inc.
CIK 0001574085
Entity typeother
Related Parties
1- filerCIK 0001716587
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 2:38 PM ET
- Size
- 6.9 KB