SEC Form 4 · accession 0001387131-17-004103
Moody National REIT II, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifford P. McDaniel
Director
Period of report
Aug 10, 2017
Accepted (ET)
Aug 11, 2017 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS A COMMON STOCKF1,F2,F3 | Aug 10, 2017 | A | 2,500 | $0.00 | A | 10,627 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the grant of 2,500 restricted shares of Class A common stock (the "Shares") pursuant to the issuer's independent directors' compensation plan (the "Plan") upon the reporting person's re election to the issuer's board of directors. The Shares granted pursuant to the Plan will generally vest and become non-forfeitable in equal quarterly installments beginning on the first day of the first quarter following the date of grant; provided, however, that the shares of restricted stock granted pursuant to the Plan will become fully vested on the earlier to occur of (i) the termination of the reporting person's service as a director due to his death or disability, or (ii) a change in control of the issuer.
- F2Shares of restricted common stock granted at no cost pursuant to the Plan.
- F3Includes 627 shares issued pursuant to the Issuer's distribution reinvestment plan.