Thomas R. Engel - 22 Dec 2023 Form 4 Insider Report for PROCACCIANTI HOTEL REIT, INC.

Role: Director
Signature: /s/ Ron Hadar, Attorney-in-Fact
Issuer symbol: PRXA, PRXK on OTC
Transactions as of: 22 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 22 Dec 2023, 13:44:51 UTC
Previous filing: 22 Dec 2022
Next filing: 21 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Class K Common Stock	Award	$0	+250	+17%	$0.000000	1,750	22 Dec 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Engel received a grant of 250 restricted shares of Class K common stock under the long-term incentive plan. The shares will vest in equal amounts annually over a four-year period on and following the first anniversary of the date of grant in increments of 25% per annum; provided, however, that the shares will become fully vested on the earlier to occur of (1) the termination of Mr. Engel's service as a director due to his death or disability, or (2) a change in control of the company.

Content

Mr. Engel received a grant of 250 restricted shares of Class K common stock under the long-term incentive plan. The shares will vest in equal amounts annually over a four-year period on and following the first anniversary of the date of grant in increments of 25% per annum; provided, however, that the shares will become fully vested on the earlier to occur of (1) the termination of Mr. Engel's service as a director due to his death or disability, or (2) a change in control of the company.