Samuel Zinsmaster - 09 Apr 2022 Form 4 Insider Report for Watermark Lodging Trust, Inc.

Role
Senior Vice President
Signature
/s/ Elizabeth Van Aken, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
09 Apr 2022
Net transactions value
-$103,935
Form type
4
Filing time
12 Apr 2022, 11:06:45 UTC
Next filing
25 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Class A Common Stock Award $0 +51,669 +39% $0.000000 184,003 09 Apr 2022 Direct F1
transaction Class A Common Stock Tax liability $103,935 -16,524 -9% $6.29* 167,480 11 Apr 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units ("RSUs") granted under the Watermark Lodging Trust, Inc. 2015 Equity Incentive Plan. These RSUs are scheduled to vest in three equal annual installments beginning on April 9, 2023 and ending on April 9, 2025 and are convertible on a one-for-one basis into shares of the Issuer's Class A Common Stock.
F2 Represents the disposition of shares back to the issuer in satisfaction of certain tax liabilities.