X0306 4 2021-12-08 0 0001692345 PROCACCIANTI HOTEL REIT, INC. NONE 0001614678 Ohsberg Ronald S. 1140 RESERVOIR AVENUE CRANSTON RI 02920 1 0 0 0 Class K Common Stock 2021-12-08 4 A 0 250 0 A 1250 D Mr. Ohsberg received a grant of 250 restricted shares of Class K common stock under the long-term incentive plan. The shares will vest in equal amounts annually over a four-year period on and following the first anniversary of the date of grant in increments of 25% per annum; provided, however, that the shares will become fully vested on the earlier to occur of (1) the termination of Mr. Ohsberg's service as a director due to his death or disability, or (2) a change in control of the company. /s/ Ron Hadar, Attorney-in-Fact 2021-12-10