0001298946-23-000021.txt : 20230227 0001298946-23-000021.hdr.sgml : 20230227 20230227180812 ACCESSION NUMBER: 0001298946-23-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230223 FILED AS OF DATE: 20230227 DATE AS OF CHANGE: 20230227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tennis William J CENTRAL INDEX KEY: 0001480180 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32514 FILM NUMBER: 23677153 MAIL ADDRESS: STREET 1: DIAMONDROCK HOSPITALITY COMPANY STREET 2: 6903 ROCKLEDGE DRIVE, SUITE 800 CITY: BETHESDA STATE: MD ZIP: 20817 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DiamondRock Hospitality Co CENTRAL INDEX KEY: 0001298946 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2 BETHESDA METRO CENTER STREET 2: SUITE 1400 CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 240-744-1150 MAIL ADDRESS: STREET 1: 2 BETHESDA METRO CENTER STREET 2: SUITE 1400 CITY: BETHESDA STATE: MD ZIP: 20814 4 1 wf-form4_167753926576027.xml FORM 4 X0306 4 2023-02-23 0 0001298946 DiamondRock Hospitality Co DRH 0001480180 Tennis William J C/O DIAMONDROCK HOSPITALITY COMPANY 2 BETHESDA METRO CENTER, SUITE 1400 BETHESDA MD 20814 0 1 0 0 EVP & General Counsel LTIP Units 2023-02-23 4 A 0 36353 0 A Common stock, par value $0.01 per share 36353.0 99855 D Represents LTIP Units in DiamondRock Hospitality Limited Partnership ("DRHLP"), of which the Issuer is the general partner. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit will be converted automatically into a common unit of limited partnership interest in DRHLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's common stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of common stock. The conversion feature of vested LTIP Units and the redemption rights for Common OP Units do not have expiration dates. The LTIP Units vest in three annual installments beginning on February 27, 2024. /s/ William J. Tennis 2023-02-27