Filing Details

Accession Number:
0001104659-19-047303
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-26 16:59:34
Reporting Period:
2019-08-23
Accepted Time:
2019-08-26 16:59:34
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
1591372 D Stefani Carter 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 2019-08-23 500 $8.60 18,300 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 0 3,200 Direct
Common Stock Common Partnership Units $0.00 0 6,400 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
0 3,200 Direct
0 6,400 Direct
Footnotes
  1. 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 Partnership Units (as defined below), are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Partnership Units.
  2. Neither the Common Partnership Units nor vested LTIP Units have an expiration date.
  3. Includes LTIP Units comprising awards previously granted to, and reported by, the Reporting Person. Such LTIP Units have different grant and vesting dates and include those which (i) may have achieved parity with the Common Partnership Units, (ii) have not yet achieved parity with the Common Partnership Units, (iii) are currently vested, or (iv) have not yet vested. Such LTIP Units have been combined herein solely for reporting purposes. See Footnote 1 discussing convertibility of LTIP Units and Footnote 4 discussing the convertibility of Common Partnership Units.
  4. Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"). 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.
  5. Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 4 discussing the convertibility of the Common Partnership Units.