Adam D. Portnoy - Jun 9, 2022 Form 4 Insider Report for TravelCenters of America Inc. /MD/ (TA)

Role
Director
Signature
/s/ Adam D. Portnoy
Stock symbol
TA
Transactions as of
Jun 9, 2022
Transactions value $
$0
Form type
4
Date filed
6/10/2022, 10:26 AM
Previous filing
Jun 8, 2022
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TA Common Stock Award $0 +3K +8.18% $0.00 39.7K Jun 9, 2022 Direct F1
holding TA Common Stock 622K Jun 9, 2022 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction reported is grant of shares pursuant to issuer's equity compensation plan.
F2 Shares are held by The RMR Group LLC ("RMR LLC"), which is a direct majority owned subsidiary of The RMR Group Inc. ("RMR Inc."), of which Mr. Portnoy is the President and Chief Executive Officer, a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is a holder of shares of beneficial interest in, and the sole trustee of, ABP Trust. Mr. Portnoy is also the President and Chief Executive Officer of RMR LLC. ABP Trust and RMR Inc. and Mr. Portnoy may be deemed to beneficially own the shares owned directly by RMR LLC. Mr. Portnoy disclaims beneficial ownership of the shares owned by RMR LLC except to the extent of his pecuniary interest therein.