Shanoop Kothari - May 15, 2023 Form 4 Insider Report for LUXURBAN HOTELS INC. (LUXH)

Signature
/s/ Shanoop Kothari
Stock symbol
LUXH
Transactions as of
May 15, 2023
Transactions value $
$165,002
Form type
4
Date filed
5/17/2023, 05:27 PM
Previous filing
Dec 20, 2022
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUXH Common Stock Award $165K +57.7K +3.93% $2.86 1.52M May 15, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LUXH Warrants 62.5K May 15, 2023 Common Stock 62.5K $4.20 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This acquisition of 57,693 shares is made pursuant to a Subscription Agreement between Mr. Kothari and the Issuer, pursuant to which the Issuer issued 57,693 shares of common stock to Mr. Kothari in exchange for consideration of $165,002.00, representing accrued and unpaid cash compensation to which he was entitled pursuant to his employment agreement with the Issuer.