Form Type: 4

SEC EDGAR Link
Accession Number:0001104659-22-063029
Date:2022-05-11
Issuer: BRAEMAR HOTELS & RESORTS INC. (BHR)
Original Submission Date:

Reporting Person:

JOHNSON REBECA M
14185 DALLAS PARKWAY
SUITE 1200 DALLAS, TX 75254

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
LTIP UNITS 0.0 2022-05-11 deemed execution date A 14,925 (a) common stock $0.00 14,925 direct
Footnotes
IDfootnote
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.
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