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

Role: Chief Executive Officer
Signature: /s/ Robert Arigo
Issuer symbol: LUXH
Transactions as of: 10 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 12 Jun 2024, 16:07:15 UTC
Previous filing: 04 Mar 2024
Next filing: 22 Jul 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUXH	Common Stock	Award	$0	+500,000	+200%	$0.000000	750,000	10 Jun 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.

Content

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.