Filing Details

Accession Number:
0001567619-21-005945
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-09 19:37:50
Reporting Period:
2021-03-08
Accepted Time:
2021-03-09 19:37:50
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
1608195 S Deric Eubanks 14185 Dallas Parkway
Suite 1100
Dallas TX 75254
Cfo And Treasurer No Yes 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 Disposition 2021-03-08 75,000 $6.90 82,938 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 533 Indirect By spouse's IRA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Stock Units (2020) $0.00 2022-12-31 2022-12-31 32,500 32,500 Direct
Common Stock Performance Stock Units (2019) $0.00 2021-12-31 2021-12-31 30,048 30,048 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-12-31 32,500 32,500 Direct
2021-12-31 30,048 30,048 Direct
Footnotes
  1. Reflects the weighted average price for the reported transactions. The shares were sold in multiple transactions at prices ranging from $6.72 to $7.01, inclusive. The Reporting Person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares sold at each separate price within the range specified.
  2. 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.
  3. 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, 2021 (with respect to the 2019 grant) and December 31, 2022 (with respect to the 2020 grant). One-third of the Performance Stock Units granted in 2020 will be eligible to vest (at up to 200% of target) based on performance during the first year of the performance period.