0001609471-22-000040.txt : 20220414 0001609471-22-000040.hdr.sgml : 20220414 20220414105022 ACCESSION NUMBER: 0001609471-22-000040 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220413 FILED AS OF DATE: 20220414 DATE AS OF CHANGE: 20220414 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Medzigian Michael G CENTRAL INDEX KEY: 0001500752 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55461 FILM NUMBER: 22826344 MAIL ADDRESS: STREET 1: CAREY WATERMARK INVESTORS INCORPORATED STREET 2: 50 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Watermark Lodging Trust, Inc. CENTRAL INDEX KEY: 0001609471 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 465765413 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 150 N. RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 847-482-8600 MAIL ADDRESS: STREET 1: 150 N. RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: Carey Watermark Investors 2 Inc DATE OF NAME CHANGE: 20140529 4 1 wf-form4_164994780921244.xml FORM 4 X0306 4 2022-04-13 0 0001609471 Watermark Lodging Trust, Inc. NONE 0001500752 Medzigian Michael G C/O WATERMARK LODGING TRUST, INC. 150 NORTH RIVERSIDE PLAZA SUITE 4200 CHICAGO IL 60606 1 1 0 0 CEO & President Class A Common Stock 340709.635 I By Michael G. Medzigian Revocable Trust Class A Common Stock 840257.774 D Class A Common Stock 2022-04-13 4 A 0 139109.697 0 A 979367.471 D Class A Common Stock 2022-04-13 4 A 0 32865.907 0 A 1012233.378 D Class A Common Stock 2022-04-13 4 A 0 60496 0 A 1072729.378 D Class A Common Stock 2022-04-13 4 F 0 128279.259 6.29 D 944450.119 D OP Units Class A Common Stock 2417996.0 2417996 I By Watermark Capital Partners LLC Subsequent to the Reporting Person's last Form 4 filed on April 15, 2021, the Reporting Person transferred 71,844.873 shares of WLT's Class A Common Stock from a directly-owned account to a trust in which the Reporting Person holds a pecuniary interest. Represents restricted share units ("RSUs") granted under the Watermark Lodging Trust, Inc. 2015 Equity Incentive Plan. These RSUs are scheduled to vest in three equal annual installments beginning on April 13, 2023 and ending on April 13, 2025 and are convertible on a one-for-one basis into shares of the Issuer's Class A Common Stock. Represents the vesting of performance-based RSU's upon the achievement of the applicable performance criteria related to RSU's granted pursuant to an employment agreement on April 13, 2020, which are scheduled to vest in four equal annual installments on each anniversary of the date of grant and are convertible on a one-for-one basis into shares of the Issuer's Class A common stock. Represents the vesting of performance-based RSU's upon the achievement of the applicable performance criteria related in RSU's granted under the Watermark Lodging Trust, Inc. 2015 Equity Incentive Plan on April 13, 2021, which are scheduled to vest in three equal annual installments on each anniversary of the date of grant and are convertible on a one-for-one basis into shares of the Issuer's Class A common stock. Represents the disposition of shares back to the issuer in satisfaction of certain tax liabilities. The OP Units are convertible for a number of shares of Class A Common Stock of equivalent value, at any time at the option of the holder and without expiration, for no additional consideration. /s/ Elizabeth Van Aken, Attorney-in-fact 2022-04-14