Robert Arigo - Jun 10, 2024 Form 4 Insider Report for LUXURBAN HOTELS INC. (LUXH)

Signature
/s/ Robert Arigo
Stock symbol
LUXH
Transactions as of
Jun 10, 2024
Transactions value $
$0
Form type
4
Date filed
6/12/2024, 04:07 PM
Previous filing
Mar 4, 2024
Next filing
Jul 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUXH Common Stock Award $0 +500K +200% $0.00 750K Jun 10, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's restricted common stock issued to the Reporting Person in connection with the terms of the Restricted Stock Agreement between the Issuer and Reporting Person, dated June 10, 2024. Such shares are issued pursuant to the Issuer's 2022 Equity Incentive Plan. Such shares vest in three equal installments on each of the three consecutive anniversary dates immediately following the date of grant and shall be subject to the terms of the Restricted Stock Grant Award Agreement dated June 10, 2024. The initial grant prescribed hereby shall not be deemed issued until the date that the Company has filed an amendment to its certificate of incorporation to increase its authorized capital stock as described in the preliminary information statement filed with the SEC on May 29, 2024.