John H. Alschuler Jr. - 17 May 2022 Form 4 Insider Report for Xenia Hotels & Resorts, Inc. (XHR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 May 2022, 16:26:01 UTC
Prior SEC filing
22 Apr 2022
Next SEC filing
01 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Marcel Verbaas as Attorney-in-Fact

Key filing fact

John H. Alschuler Jr. filed Form 4 for Xenia Hotels & Resorts, Inc. (XHR) on 18 May 2022.

Key facts

  • This page summarizes John H. Alschuler Jr.'s Form 4 filing for Xenia Hotels & Resorts, Inc. (XHR).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 18 May 2022, 16:26.

Change

  • Previous filing in this sequence was filed on 22 Apr 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

XHR transaction Derivative

LTIP Units

Award

Transaction value
Shares
+5,187
Change %
+14%
Price
Shares after
42,826
Date
17 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,187
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

LTIP Units are a class of limited partnership units in XHR LP (the "Operating Partnership"), of which the Issuer's wholly-owned subsidiary is the general partner. Initially, the LTIP Units do not have full parity with common limited partnership units of the Operating Partnership ("Common Units") with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the LTIP Units can over time achieve full parity with the Common Units for all purposes. If such parity is reached, vested LTIP Units may be converted into an equal number of Common Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership.

Footnote F2

(continued from Footnote 1) Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, an equal number of shares of the Issuer's common stock, each subject to adjustment in the event of stock splits, specified extraordinary distributions or similar events. The LTIP Units issued pursuant to the Xenia Hotels & Resorts, Inc., XHR Holding, Inc. and XHR LP 2015 Incentive Award Plan were fully vested on the grant date.

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