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

Role: President, CFO & Secretary
Signature: /s/ Shanoop Kothari
Issuer symbol: LUXH
Transactions as of: 15 May 2023
Net transactions value: +$165,002
Form type: 4
Filing time: 17 May 2023, 17:27:54 UTC
Previous filing: 20 Dec 2022
Next filing: 03 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUXH	Common Stock	Award	$165,002	+57,693	+3.9%	$2.86	1,524,526	15 May 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						62,500	15 May 2023	Common Stock	62,500	$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.