Brendan Medzigian - Apr 9, 2022 Form 4 Insider Report for Watermark Lodging Trust, Inc. (NONE)

Role
Senior Vice President
Signature
/s/ Elizabeth Van Aken, Attorney-in-fact
Stock symbol
NONE
Transactions as of
Apr 9, 2022
Transactions value $
-$88,353
Form type
4
Date filed
4/12/2022, 11:08 AM
Next filing
Oct 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Class A Common Stock Award $0 +59.6K +64.71% $0.00 152K Apr 9, 2022 Direct F1
transaction NONE Class A Common Stock Tax liability -$88.4K -14K -9.26% $6.29* 138K Apr 11, 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.