0001104659-21-037938.txt : 20210317
0001104659-21-037938.hdr.sgml : 20210317
20210317212012
ACCESSION NUMBER: 0001104659-21-037938
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210315
FILED AS OF DATE: 20210317
DATE AS OF CHANGE: 20210317
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eubanks Deric S
CENTRAL INDEX KEY: 0001608195
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35972
FILM NUMBER: 21752751
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
tm219711-9_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-03-15
0
0001574085
Braemar Hotels & Resorts Inc.
BHR
0001608195
Eubanks Deric S
14185 DALLAS PARKWAY,
SUITE 1100
DALLAS
TX
75254
0
1
0
0
CFO and Treasurer
Common Stock
2021-03-15
4
F
0
4099
6.97
D
74576
D
Common Stock
2021-03-15
4
A
0
58090
0.00
D
132666
D
Common Stock
533
I
By spouse's IRA
Performance Stock Units (2020)
0.00
2022-12-31
2022-12-31
Common Stock
32500
32500
D
Performance Stock Units (2019)
0.00
2021-12-31
2021-12-31
Common Stock
30048
30048
D
Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.
Represents the closing price of the common stock on March 12, 2021, the last trading day before the date of forfeiture.
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. Such shares vest in three (3) substantially equal installments on 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.
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, 2021 (with respect to the 2019 grant) and December 31, 2022 (with respect to the 2020 grant). One-third of the Performance Stock Units granted in 2020 were eligible to vest (at up to 200% of target) based on performance during the first year of the performance period.
/s/ Deric S. Eubanks
2021-03-17