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Filing Details

Accession Number:
0001104659-19-046364
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-16 16:21:12
Reporting Period:
2019-08-15
Accepted Time:
2019-08-16 16:21:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1574085 Braemar Hotels & Resorts Inc. BHR Real Estate Investment Trusts (6798) 462488594
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1780661 Candace Mary Evans 14185 Dallas Parkway
Suite 1100
Dallas TX 75254
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-08-15 1,125 $8.85 1,125 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock LTIP Units $0.00 5,700 5,700 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,700 5,700 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.85 to $8.86, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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.
  2. 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.
  3. 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 election to the Issuer's Board of Directors.
  4. The LTIP Units have no expiration date.