0001104659-19-012452.txt : 20190304
0001104659-19-012452.hdr.sgml : 20190304
20190304161141
ACCESSION NUMBER: 0001104659-19-012452
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190228
FILED AS OF DATE: 20190304
DATE AS OF CHANGE: 20190304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stockton Richard J
CENTRAL INDEX KEY: 0001688739
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35972
FILM NUMBER: 19653846
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
2019-02-28
0
0001574085
Braemar Hotels & Resorts Inc.
BHR
0001688739
Stockton Richard J
14185 DALLAS PARKWAY, SUITE 1100
DALLAS
TX
75254
0
1
0
0
CEO and President
Common Stock
2019-02-28
4
A
0
64103
0.00
A
361589
D
Performance Stock Units (2019)
0.00
2019-02-28
4
A
0
64103
0.00
A
2021-12-31
2021-12-31
Common Stock
64103
64103
D
Performance Stock Units (2018)
0.00
2020-12-31
2020-12-31
Common Stock
74093
74093
D
Performance Stock Units (2017)
0.00
2019-12-31
2019-12-31
Common Stock
5882
5882
D
The Reporting Person received the shares pursuant to a stock grant from the Issuer under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan"). Such shares vest in three (3) substantially equal installments following the first three (3) anniversaries following the date of grant.
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.
The Reporting Person received the Performance Stock Units pursuant to an award granted by the Issuer under the Plan.
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, 2019 (for the 2017 grant), December 31, 2020 (for the 2018 grant) and December 31, 2021 (for the 2019 grant).
/s/ Richard J. Stockton
2019-03-04