0001144204-17-035457.txt : 20170703
0001144204-17-035457.hdr.sgml : 20170703
20170703163025
ACCESSION NUMBER: 0001144204-17-035457
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170703
FILED AS OF DATE: 20170703
DATE AS OF CHANGE: 20170703
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Hospitality Investors Trust, Inc.
CENTRAL INDEX KEY: 0001583077
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 800943668
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 450 PARK AVENUE
STREET 2: SUITE 1400
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (571) 529-6390
MAIL ADDRESS:
STREET 1: 450 PARK AVENUE
STREET 2: SUITE 1400
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER COMPANY:
FORMER CONFORMED NAME: American Realty Capital Hospitality Trust, Inc.
DATE OF NAME CHANGE: 20130801
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wenzel Abby M.
CENTRAL INDEX KEY: 0001575653
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55394
FILM NUMBER: 17945593
MAIL ADDRESS:
STREET 1: C/O AMERICAN REALTY CAPITAL PROPERTIES
STREET 2: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
v470139_4.xml
OWNERSHIP DOCUMENT
X0306
4
2017-07-03
0
0001583077
Hospitality Investors Trust, Inc.
NONE
0001575653
Wenzel Abby M.
C/O HOSPITALITY INVESTORS TRUST, INC.
450 PARK AVENUE, SUITE 1400
NEW YORK
NY
10022
1
0
0
0
Common Stock
2017-07-03
4
D
0
3262
0
D
2398
D
Common Stock
2017-07-03
4
A
0
3262
0
A
5660
D
Common Stock
2017-07-03
4
A
0
3788
0
A
9448
D
On July 3, 2017, the reporting person forfeited all outstanding and unvested restricted shares of common stock and received a grant of an equal number of restricted share units issued under the Amended and Restated Employee and Director Incentive Restricted Share Plan (the "RSP") of Hospitality Investors Trust, Inc. (the "Company"). Each restricted share unit represents a contingent right to receive one share of common stock of the Company. The restricted share units are subject to the same vesting terms as the restricted shares that were forfeited as follows: (i) 266.7 restricted share units vesting in equal installments on January 7, 2018 and January 7, 2019; (ii) 266.6 restricted share units vesting in equal installments on May 28, 2018 and May 28, 2019; and
(iii) 266.6 restricted share units vesting in equal installments on June 16, 2018 and the next two anniversaries of that date and (iv) 279.2 restricted share units vesting in equal annual installments on July 5, 2017 and each of the next four anniversaries of that date. Vested units may only be settled in shares of common stock and such settlement generally will be on the earliest of (i) in the calendar year in which the third anniversary of the vesting date occurs, (ii) termination of the reporting person and (iii) a change in control event.
Restricted share units issued under the RSP. Each restricted share unit represents a contingent right to receive one share of common stock of the Company. The restricted share units vest in full on the earlier of (i) the date of the 2018 annual meeting of the board of directors of the Company; or (ii) July 3, 2018. Vested units may only be settled in shares of common stock and such settlement generally will be on the earliest of (i) in the calendar year in which the third anniversary of the vesting date occurs, (ii) termination of the reporting person and (iii) a change in control event.
This amount includes shares of common stock issued to the reporting person as distributions since the reporting person's Form 4 filed with the Securities and Exchange Commission on August 1, 2016.
/s/ Abby M. Wenzel
2017-07-03