Form 4 for BHR Braemar Hotels & Resorts Inc.
Accepted 2024-03-08 00:00:00 ET · period of report 2024-03-06 · accession 0001104659-24-032501 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-08 | 2024-03-06 | BHR | NUNNELEY MARK | See Remarks | A - Grant | — | +15.1K | 434.8K | +4% | — |
| D | 2024-03-08 | 2024-03-06 | BHR | NUNNELEY MARK | See Remarks | M - OptEx | — | +130.7K | 419.7K | +45% | — |
| D | 2024-03-08 | 2024-03-06 | BHR | NUNNELEY MARK | See Remarks | A - Grant | — | +65.3K | 130.7K | +100% | — |
| D | 2024-03-08 | 2024-03-06 | BHR | NUNNELEY MARK | See Remarks | M - OptEx | — | -130.7K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-06 | A | A | 15,132 | — | 434,822 | D | — | — | (F2) Represents dividend equivalent rights that accrued on a Performance Stock Unit award pursuant to the dividend reinvestment feature of the award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock and is settled in common stock. |
| 2 | Common | Common Stock | 2024-03-06 | M | A | 130,662 | — | 419,690 | D | — | — | (F1) 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 | Derivative | Performance Stock Units (2021) | 2024-03-06 | A | A | 65,331 | — | 130,662 | D | $0.00 · 2023-12-31 to 2023-12-31 | 65,331 Common Stock | (F1) 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. (F3) Represents the target number of common stock shares that may be issued pursuant to the 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 target number of Performance Stock Units reported, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder returns, the Performance Stock Units, as adjusted, will generally vest on December 31, 2023 (with respect to the 2021 grant) and December 31, 2025 (with respect to the 2023 grant). |
| 4 | Derivative | Performance Stock Units (2021) | 2024-03-06 | M | D | 130,662 | — | 0 | D | $0.00 · 2023-12-31 to 2023-12-31 | 0 Common Stock | (F1) 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. (F3) Represents the target number of common stock shares that may be issued pursuant to the 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 target number of Performance Stock Units reported, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder returns, the Performance Stock Units, as adjusted, will generally vest on December 31, 2023 (with respect to the 2021 grant) and December 31, 2025 (with respect to the 2023 grant). |