0001104659-24-001815.txt : 20240105
0001104659-24-001815.hdr.sgml : 20240105
20240105162508
ACCESSION NUMBER: 0001104659-24-001815
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240101
FILED AS OF DATE: 20240105
DATE AS OF CHANGE: 20240105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Coe Justin
CENTRAL INDEX KEY: 0002004625
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35972
FILM NUMBER: 24516580
MAIL ADDRESS:
STREET 1: 14185 DALLAS PARKWAY
STREET 2: SUITE 1200
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]
ORGANIZATION NAME: 05 Real Estate & Construction
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
3
1
tm242099-1_3seq1.xml
OWNERSHIP DOCUMENT
X0206
3
2024-01-01
0
0001574085
Braemar Hotels & Resorts Inc.
BHR
0002004625
Coe Justin
14185 DALLAS PARKWAY
SUITE 1200
DALLAS
TX
75254
0
1
0
0
Chief Accounting Officer
Common Stock
607
D
Series E Redeemable Preferred Stock
1111
D
LTIP Units
0
Common Stock
7454
D
LTIP Units
0
Common Stock
3728
D
Represents special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), subject to certain vesting criteria.
The LTIP Units reported herein are vested and exercisable. Vested LTIP Units, upon achieving parity with the Common Partnership Units, are convertible into Common Partnership Units (as defined below) at the option of the Reporting Person. See Footnote 4 discussing the convertibility of the Common Partnership Units.
LTIP Units do not have an expiration date.
"Common Partnership Units" are Common Limited Partnership Units of the Subsidiary and are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.
The LTIP Units reported herein vest on March 15, 2024. See Footnote 2 discussing the convertibility of vested LTIP Units.
Represents unvested LTIP Units in the Subsidiary.
/s/ Justin Coe
2024-01-05