Accession Number: | 0001104659-22-063029 |
Date: | 2022-05-11 |
Issuer: | BRAEMAR HOTELS & RESORTS INC. (BHR) |
Original Submission Date: |
JOHNSON REBECA M
14185 DALLAS PARKWAY
SUITE 1200
DALLAS, TX 75254
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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LTIP UNITS | 0.0 | 2022-05-11 | deemed execution date | A | 14,925 (a) | common stock | $0.00 | 14,925 | direct |
ID | footnote |
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f1 | fully vested special long-term incentive partnership units ("ltip units") in braemar hospitality limited partnership, the issuer's operating subsidiary ("subsidiary"). vested ltip units, upon achieving parity with the common limited partnership units of the subsidiary ("common partnership units"), are convertible into common partnership units at the option of the reporting person. common partnership units 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. |
f2 | the ltip unit awards reported herein were issued as a grant under the issuer's second amended and restated 2013 equity incentive plan (the "plan") upon the reporting person's election to the issuer's board of directors. |
f3 | the ltip units have no expiration date. |