4//SEC Filing
Evans Mary Candace 4
Accession 0001567619-20-021296
CIK 0001574085other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:05 PM ET
Size
6.8 KB
Accession
0001567619-20-021296
Insider Transaction Report
Form 4
Evans Mary Candace
Director
Transactions
- Award
LTIP Units
2020-12-15$4.80/sh+1,535$7,368→ 20,192 totalExercise: $0.00→ Common Stock
Holdings
- 1,125
Common Stock
Footnotes (3)
- [F1]Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality 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 Units were issued to the Reporting Person under the Issuer's 2013 Equity Incentive Plan in lieu of certain cash retainer fees and were fully vested upon grant.
- [F3]The LTIP Units have no expiration date.
Documents
Issuer
Braemar Hotels & Resorts Inc.
CIK 0001574085
Entity typeother
Related Parties
1- filerCIK 0001780661
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:05 PM ET
- Size
- 6.8 KB