SEC Form 4 · accession 0001209191-18-044095
CorePoint Lodging Inc. · CPLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitesh B. Shah
Director
Period of report
Jul 24, 2018
Accepted (ET)
Jul 26, 2018 · 6:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001707178
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 24, 2018 | M | 377 | $0.00 | A | 16,162 | D | |
| Common StockF2 | Jul 26, 2018 | A | 1,881 | $0.00 | A | 18,043 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Jul 24, 2018 | M | 377 | D | — | — | Common Stock | 377 | 0 | D |
Explanation of responses
- F1Represents shares of common stock of CorePoint Lodging Inc. ("Issuer") acquired upon the vesting of restricted stock units ("RSUs") indicated in Table II.
- F2Represents a grant of restricted stock, one third of which was fully vested on grant and the remaining two thirds of which vest in equal annual installments on July 9, 2019 and July 9, 2020.
- F3Each RSU represents a contingent right to receive one share of the Issuer's common stock payable in common stock, cash or a combination thereof at the discretion of the Issuer's Compensation Committee.
- F4On May 30, 2018, the reporting person was granted 377 RSUs, which vest on July 24, 2018.