Lawrence Aubin - Dec 22, 2023 Form 4 Insider Report for PROCACCIANTI HOTEL REIT, INC. (NONE)

Role
Director
Signature
/s/ Ron Hadar, Attorney-in-Fact
Stock symbol
NONE
Transactions as of
Dec 22, 2023
Transactions value $
$0
Form type
4
Date filed
12/22/2023, 01:43 PM
Previous filing
Dec 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Class K Common Stock Award $0 +250 +16.67% $0.00 1.75K Dec 22, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Aubin received a grant of 250 restricted shares of Class K common stock under the long-term incentive plan. The shares will vest in equal amounts annually over a four-year period on and following the first anniversary of the date of grant in increments of 25% per annum; provided, however, that the shares will become fully vested on the earlier to occur of (1) the termination of Mr. Aubin's service as a director due to his death or disability, or (2) a change in control of the company.