Thomas R. Engel - Dec 22, 2023 Form 4 Insider Report for PROCACCIANTI HOTEL REIT, INC. (NONE)

Role: Director
Signature: /s/ Ron Hadar, Attorney-in-Fact
Stock symbol: NONE
Transactions as of: Dec 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/22/2023, 01:44 PM
Previous filing: Dec 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NONE	Class K Common Stock	Award	$0	+250	+16.67%	$0.00	1.75K	Dec 22, 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.