SEC Form 4 · accession 0001144204-17-035459
Hospitality Investors Trust, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward A Glickman
Director
Period of report
Jul 3, 2017
Accepted (ET)
Jul 3, 2017 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001583077
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 3, 2017 | A | 3,788 | $0.00 | A | 3,788 | D | |
| Common StockF2 | Jul 3, 2017 | A | 3,788 | $0.00 | A | 7,576 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted share units 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 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) March 31, 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.
- F2Restricted share units 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.