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