0001104659-18-032904.txt : 20180514
0001104659-18-032904.hdr.sgml : 20180514
20180514151327
ACCESSION NUMBER: 0001104659-18-032904
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180511
FILED AS OF DATE: 20180514
DATE AS OF CHANGE: 20180514
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NUNNELEY MARK
CENTRAL INDEX KEY: 0001261029
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35972
FILM NUMBER: 18830217
MAIL ADDRESS:
STREET 1: 14185 DALLAS PARKWAY
STREET 2: SUITE 1100
CITY: DALLAS
STATE: TX
ZIP: 75254
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Braemar Hotels & Resorts Inc.
CENTRAL INDEX KEY: 0001574085
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 462488594
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 14185 DALLAS PARKWAY
STREET 2: SUITE 1100
CITY: DALLAS
STATE: TX
ZIP: 75254
BUSINESS PHONE: (972) 490-9600
MAIL ADDRESS:
STREET 1: 14185 DALLAS PARKWAY
STREET 2: SUITE 1100
CITY: DALLAS
STATE: TX
ZIP: 75254
FORMER COMPANY:
FORMER CONFORMED NAME: Ashford Hospitality Prime, Inc.
DATE OF NAME CHANGE: 20130410
4
1
a4.xml
4
X0306
4
2018-05-11
0
0001574085
Braemar Hotels & Resorts Inc.
BHR
0001261029
NUNNELEY MARK
14185 DALLAS PARKWAY, SUITE 1100
DALLAS
TX
75254
0
1
0
0
Chief Accounting Officer
Common Stock
2018-05-11
4
S
0
97603
10.7539
D
179092
D
Performance Stock Units (2018)
0.00
2020-12-31
2020-12-31
Common Stock
21170
21170
D
Performance Stock Units (2017)
0.00
2019-12-31
2019-12-31
Common Stock
18100
18100
D
Performance Stock Units (2016)
0.00
2018-12-31
2018-12-31
Common Stock
28215
28215
D
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).
/s/ Mark Nunneley
2018-05-14