Xenia Hotels & Resorts, Inc. 4
4 · Xenia Hotels & Resorts, Inc. · Filed Feb 7, 2017
Insider Transaction Report
Form 4
Wade Philip A.
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2017-02-06+5,605→ 9,379 total - Tax Payment
Common Stock
2017-02-06$18.29/sh−2,610$47,737→ 6,769 total - Exercise/Conversion
Share Units
2017-02-06−5,605→ 5,775 totalExercise: $0.00From: 2017-02-06Exp: 2017-02-06→ Common Stock (5,605 underlying)
Footnotes (2)
- [F1]Each share unit represents the contingent right to receive one share of Common Stock. This transaction represents the settlement in shares of Common Stock of vested contingent share units issued under the Xenia Hotels & Resorts, Inc. 2014 Share Unit Plan (the "2014 Share Unit Plan").
- [F2]The remaining contingent share units vest and become payable in one final installment on February 4, 2018. The contingent share units will be settled in Common Stock or the cash equivalent thereof upon vesting, subject to earlier settlement upon termination of the Reporting Person's employment with the Issuer by the Reporting Person for Good Reason (as defined in the award agreement or the 2014 Share Unit Plan) or by the Issuer without Cause (as defined in the award or the 2014 Share Unit Plan), and subject to earlier settlement in cash upon the Reporting Person's death or disability.