- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2018-05-14 15:13:27
- Reporting Period:
- Accepted Time:
- 2018-05-14 15:13:27
- SEC Url:
- Form 4 Filing
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1261029||Mark Nunneley||14185 Dallas Parkway, Suite 1100 |
Dallas TX 75254
|Chief Accounting Officer||No||Yes||No||No|
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Sec. Type||Price||Date||Expiration Date||Amount||Remaning Holdings||Nature of Ownership|
|Common Stock||Performance Stock Units (2018)||$0.00||2020-12-31||2020-12-31||21,170||21,170||Direct|
|Common Stock||Performance Stock Units (2017)||$0.00||2019-12-31||2019-12-31||18,100||18,100||Direct|
|Common Stock||Performance Stock Units (2016)||$0.00||2018-12-31||2018-12-31||28,215||28,215||Direct|
|Expiration Date||Amount||Remaning Holdings||Nature of Ownership|
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $10.57 to $10.825, inclusive. The reporting person undertakes to provide to Braemar Hotels & Resorts Inc. ("Breamar"), any security holder of Braemar or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- The Reporting Person received the Performance Stock Units (as defined below) pursuant to an award granted by the Issuer under the Issuer's 2013 Equity Incentive Plan.
- Each Performance Stock Unit ("Performance Stock Unit") award represents the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.
- Represents the target share amount that may be issued pursuant to such award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of a specified relative total stockholder returns. Assuming continued service through the vesting date and achievement of the specified performance-based vesting criteria, the Performance Stock Units, as adjusted, will generally vest on December 31, 2018 (with respect to the 2016 grant), December 31, 2019 (with respect to the 2017 grant), and December 31, 2020 (with respect to the 2018 grant).