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