BHR

SEC source: 0001104659-23-027350 · tm238202-1_4seq1.xml · nonDerivative · entry 3

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By MJB Investments, LP

Disclosed balance after: 169,479

F1 · price: The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $4.82 to $4.97. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-027350 · tm238202-1_4seq1.xml · nonDerivative · entry 1

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,695

F1 · price: The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $4.82 to $4.97. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 18

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Reserve, LP III

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F9 · security: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F9 · derivative.exercise_price: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F10 · kind: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F10 · price: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F9 · derivative.exercise_date: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F9 · derivative.underlying_shares: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F11 · balance_after: Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 9 discussing the convertibility of the Common Partnership Units.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 17

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Reserve, LP IV

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F9 · security: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F9 · derivative.exercise_price: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F10 · kind: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F10 · price: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F9 · derivative.exercise_date: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F9 · derivative.underlying_shares: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F11 · balance_after: Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 9 discussing the convertibility of the Common Partnership Units.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 16

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By MJB Investments, LP

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F9 · security: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F9 · derivative.exercise_price: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F10 · kind: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F10 · price: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F9 · derivative.exercise_date: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F9 · derivative.underlying_shares: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F11 · balance_after: Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 9 discussing the convertibility of the Common Partnership Units.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 14

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Dartmore, LP

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F9 · security: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F9 · derivative.exercise_price: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F10 · kind: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F10 · price: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F9 · derivative.exercise_date: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F9 · derivative.underlying_shares: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F11 · balance_after: Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 9 discussing the convertibility of the Common Partnership Units.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 13

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By MJB Operating, LP

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F9 · security: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F9 · derivative.exercise_price: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F10 · kind: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F10 · price: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F9 · derivative.exercise_date: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F9 · derivative.underlying_shares: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F11 · balance_after: Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 9 discussing the convertibility of the Common Partnership Units.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 12

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F9 · security: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F9 · derivative.exercise_price: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F10 · kind: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F10 · price: On February 24, 2023, pursuant to the Redemption Notice, the Reporting Person elected to redeem the Common Partnership Units and such redemption was settled in cash at the election of the Issuer at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F9 · derivative.exercise_date: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F9 · derivative.underlying_shares: Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis.

F11 · balance_after: Reflects the aggregate number of Common Partnership Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 9 discussing the convertibility of the Common Partnership Units.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 9

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By MJB Operating, LP

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F1 · security: Represents special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Partnership Units (as defined below) are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 9 discussing convertibility of Common Partnership Units.

F1 · derivative.exercise_price: Represents special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Partnership Units (as defined below) are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 9 discussing convertibility of Common Partnership Units.

F5 · kind: On February 24, 2023, each vested LTIP Unit was converted into Common Limited Partnership Units of the Subsidiary ("Common Partnership Units") at the election of the Reporting Person on a one-for-one basis. Pursuant to a Notice of Exercise of Redemption Right (the "Redemption Notice"), the Reporting Person subsequently elected to redeem the Common Partnership Units and such redemption was settled in cash at the Issuer's election at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F5 · price: On February 24, 2023, each vested LTIP Unit was converted into Common Limited Partnership Units of the Subsidiary ("Common Partnership Units") at the election of the Reporting Person on a one-for-one basis. Pursuant to a Notice of Exercise of Redemption Right (the "Redemption Notice"), the Reporting Person subsequently elected to redeem the Common Partnership Units and such redemption was settled in cash at the Issuer's election at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F2 · derivative.exercise_date: The LTIP Units reported herein vest and are convertible in three (3) equal installments over a three (3) year term from the date of the award. See Footnote 1 discussing the convertibility of vested LTIP Units.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F1 · derivative.underlying_shares: Represents special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Partnership Units (as defined below) are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 9 discussing convertibility of Common Partnership Units.

F4 · balance_after: Reflects the aggregate number of LTIP Units held directly or indirectly by the Reporting Person, and includes LTIP Units comprising awards previously granted to, and reported by, the Reporting Person. Such LTIP Units have different grant and vesting dates and include those which (i) may have achieved parity with the Common Partnership Units, (ii) have not yet achieved parity with the Common Partnership Units, (iii) are currently vested or (iv) have not yet vested. Such LTIP Units have been combined herein solely for reporting purposes. See Footnote 1 discussing convertibility of LTIP Units and Footnote 9 discussing convertibility of Common Partnership Units.

SEC source: 0001104659-23-025585 · tm237430-2_4seq1.xml · derivative · entry 8

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires not disclosed

F1 · security: Represents special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Partnership Units (as defined below) are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 9 discussing convertibility of Common Partnership Units.

F1 · derivative.exercise_price: Represents special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Partnership Units (as defined below) are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 9 discussing convertibility of Common Partnership Units.

F5 · kind: On February 24, 2023, each vested LTIP Unit was converted into Common Limited Partnership Units of the Subsidiary ("Common Partnership Units") at the election of the Reporting Person on a one-for-one basis. Pursuant to a Notice of Exercise of Redemption Right (the "Redemption Notice"), the Reporting Person subsequently elected to redeem the Common Partnership Units and such redemption was settled in cash at the Issuer's election at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F5 · price: On February 24, 2023, each vested LTIP Unit was converted into Common Limited Partnership Units of the Subsidiary ("Common Partnership Units") at the election of the Reporting Person on a one-for-one basis. Pursuant to a Notice of Exercise of Redemption Right (the "Redemption Notice"), the Reporting Person subsequently elected to redeem the Common Partnership Units and such redemption was settled in cash at the Issuer's election at a price per Common Partnership Unit based on the average of the closing price of the Issuer's Common Stock for the ten consecutive trading days ending on February 23, 2023, rounded to the nearest cent.

F2 · derivative.exercise_date: The LTIP Units reported herein vest and are convertible in three (3) equal installments over a three (3) year term from the date of the award. See Footnote 1 discussing the convertibility of vested LTIP Units.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date.

F1 · derivative.underlying_shares: Represents special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Partnership Units (as defined below) are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 9 discussing convertibility of Common Partnership Units.

F4 · balance_after: Reflects the aggregate number of LTIP Units held directly or indirectly by the Reporting Person, and includes LTIP Units comprising awards previously granted to, and reported by, the Reporting Person. Such LTIP Units have different grant and vesting dates and include those which (i) may have achieved parity with the Common Partnership Units, (ii) have not yet achieved parity with the Common Partnership Units, (iii) are currently vested or (iv) have not yet vested. Such LTIP Units have been combined herein solely for reporting purposes. See Footnote 1 discussing convertibility of LTIP Units and Footnote 9 discussing convertibility of Common Partnership Units.

SEC source: 0001104659-22-120312 · tm2230926-1_4seq1.xml · nonDerivative · entry 2

Evans Mary Candace · CIK 0001780661 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,875

SEC source: 0001104659-22-120312 · tm2230926-1_4seq1.xml · nonDerivative · entry 1

Evans Mary Candace · CIK 0001780661 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,230

SEC source: 0001104659-22-114909 · tm2229703-1_4seq1.xml · nonDerivative · entry 1

Vaziri Abteen · CIK 0001716587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,333

SEC source: 0001104659-22-080946 · tm2221429-1_4seq1.xml · derivative · entry 6

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires 2023-12-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F11 · security: Each Performance Stock Unit ("Performance Stock Unit") award represents the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F11 · derivative.exercise_price: Each Performance Stock Unit ("Performance Stock Unit") award represents the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F1 · price: Each performance stock unit represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.

F12 · derivative.underlying_shares: Represents the target share amount that may be issued pursuant to such award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of specified performance goals.

F12 · balance_after: Represents the target share amount that may be issued pursuant to such award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of specified performance goals.

SEC source: 0001104659-22-080946 · tm2221429-1_4seq1.xml · nonDerivative · entry 2

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 359,398

F2 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of performance stock units, restricted stock and common stock held by the Reporting Person.

F3 · price: Represents the closing price of the common stock on July 14, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-080946 · tm2221429-1_4seq1.xml · nonDerivative · entry 1

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 455,373

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each performance stock unit represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.

SEC source: 0001104659-22-085747 · tm2222503-1_4aseq1.xml · derivative · entry 7

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 0 shares

Expires 2023-12-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Each Performance Stock Unit award represented the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F3 · derivative.exercise_price: Each Performance Stock Unit award represented the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F1 · kind: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · kind: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

F1 · price: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · price: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

F3 · price: Each Performance Stock Unit award represented the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F8 · derivative.underlying_shares: Represents the maximum share amount that may be issued pursuant to such award of Performance Stock Units. The number of shares of common stock to be issued upon vesting of a Performance Stock Unit can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of specified performance goals.

F8 · balance_after: Represents the maximum share amount that may be issued pursuant to such award of Performance Stock Units. The number of shares of common stock to be issued upon vesting of a Performance Stock Unit can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of specified performance goals.

SEC source: 0001104659-22-085747 · tm2222503-1_4aseq1.xml · derivative · entry 6

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 151,662

Underlying: Common Stock · 151,662 shares

Expires 2023-12-31

F3 · security: Each Performance Stock Unit award represented the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F3 · derivative.exercise_price: Each Performance Stock Unit award represented the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F1 · kind: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · kind: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

F8 · kind: Represents the maximum share amount that may be issued pursuant to such award of Performance Stock Units. The number of shares of common stock to be issued upon vesting of a Performance Stock Unit can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of specified performance goals.

F1 · price: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · price: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

F3 · price: Each Performance Stock Unit award represented the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F8 · derivative.underlying_shares: Represents the maximum share amount that may be issued pursuant to such award of Performance Stock Units. The number of shares of common stock to be issued upon vesting of a Performance Stock Unit can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of specified performance goals.

F8 · balance_after: Represents the maximum share amount that may be issued pursuant to such award of Performance Stock Units. The number of shares of common stock to be issued upon vesting of a Performance Stock Unit can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of specified performance goals.

SEC source: 0001104659-22-085747 · tm2222503-1_4aseq1.xml · nonDerivative · entry 4

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 452,249

F1 · kind: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · kind: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

F5 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the award of dividend equivalent rights and the vesting of Performance Stock Units, restricted stock and common stock held by the Reporting Person.

F6 · price: Represents the closing price of the common stock on July 28, 2022, the last trading day before the date of forfeiture.

F1 · balance_after: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · balance_after: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

SEC source: 0001104659-22-085747 · tm2222503-1_4aseq1.xml · nonDerivative · entry 3

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 452,706

F1 · kind: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · kind: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

F5 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the award of dividend equivalent rights and the vesting of Performance Stock Units, restricted stock and common stock held by the Reporting Person.

F6 · price: Represents the closing price of the common stock on July 28, 2022, the last trading day before the date of forfeiture.

F1 · balance_after: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · balance_after: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

SEC source: 0001104659-22-085747 · tm2222503-1_4aseq1.xml · nonDerivative · entry 2

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 512,315

F4 · kind: Represents dividend equivalent rights that accrued on a Performance Stock Unit award pursuant to the dividend reinvestment feature of the award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock and is settled in common stock.

F4 · price: Represents dividend equivalent rights that accrued on a Performance Stock Unit award pursuant to the dividend reinvestment feature of the award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock and is settled in common stock.

F1 · balance_after: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · balance_after: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

SEC source: 0001104659-22-085747 · tm2222503-1_4aseq1.xml · nonDerivative · entry 1

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 511,060

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · kind: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

F3 · price: Each Performance Stock Unit award represented the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.

F1 · balance_after: As indicated in the Form 4 filed on July 19, 2022 (the "Original Filing") that reported common stock received by the Reporting Person in connection with the vesting of performance stock units ("Performance Stock Units"), the number of shares of common stock issued upon vesting of Performance Stock Units reported in the Original Filing was estimated and recorded at 100% of the number of Performance Stock Units initially awarded (the target number) because the number of Performance Stock Units that actually vested was dependent upon actual performance that had not yet been determined, and as a result the number of shares of common stock withheld for taxes upon the vesting of the Performance Stock Units was estimated in such filing because the final tax withholding information was likewise not available at the time.

F2 · balance_after: This amendment is being filed to report the number of Performance Stock Units that actually vested (200% of the target number of Performance Stock Units based on the extent of actual achievement of the specified performance goals) and the number of shares of common stock that were actually withheld to satisfy tax obligations upon vesting.

SEC source: 0001104659-22-062527 · tm2215974-1_4seq1.xml · nonDerivative · entry 5

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By MJB Investments, LP

Disclosed balance after: 44,444

SEC source: 0001104659-22-060383 · tm2215539-2_4seq1.xml · derivative · entry 3

Evans Mary Candace · CIK 0001780661 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,716

Underlying: Common Stock · Not disclosed shares

Expires not disclosed

F1 · security: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F1 · derivative.exercise_price: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F2 · kind: The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan") upon the Reporting Person's re-election to the Issuer's Board of Directors.

F2 · price: The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan") upon the Reporting Person's re-election to the Issuer's Board of Directors.

F1 · derivative.exercise_date: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: The LTIP Units have no expiration date.

F1 · derivative.underlying: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F1 · derivative.underlying_shares: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

SEC source: 0001104659-22-060397 · tm2215539-4_4seq1.xml · nonDerivative · entry 1

Fearn Kenneth Hopkins Jr. · CIK 0001681775 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,701

F1 · kind: The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.

F1 · price: The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.

SEC source: 0001104659-22-060400 · tm2215539-5_4seq1.xml · nonDerivative · entry 1

Rinaldi Matthew D · CIK 0001590869 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 76,839

F1 · kind: The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.

F1 · price: The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.

SEC source: 0001104659-22-060391 · tm2215539-3_4seq1.xml · nonDerivative · entry 1

Carter Stefani D · CIK 0001591372 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,419

F1 · kind: The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.

F1 · price: The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.

SEC source: 0001104659-22-060376 · tm2215539-1_4seq1.xml · derivative · entry 2

Vaziri Abteen · CIK 0001716587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,173

Underlying: Common Stock · Not disclosed shares

Expires not disclosed

F1 · security: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Partnership Units.

F1 · derivative.exercise_price: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Partnership Units.

F2 · kind: The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan") upon the Reporting Person's re-election to the Issuer's Board of Directors.

F2 · price: The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan") upon the Reporting Person's re-election to the Issuer's Board of Directors.

F1 · derivative.exercise_date: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Partnership Units.

F3 · derivative.expiration_date: Neither the Common Partnership Units nor vested LTIP Units have an expiration date.

F1 · derivative.underlying: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Partnership Units.

F1 · derivative.underlying_shares: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Partnership Units.

SEC source: 0001104659-22-063029 · tm2215974-3_4seq1.xml · derivative · entry 1

Johnson Rebeca M · CIK 0001310931 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,925

Underlying: Common Stock · Not disclosed shares

Expires not disclosed

F1 · security: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F1 · derivative.exercise_price: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F2 · kind: The LTIP Unit awards reported herein were issued as a grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan") upon the Reporting Person's election to the Issuer's Board of Directors.

F2 · price: The LTIP Unit awards reported herein were issued as a grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan (the "Plan") upon the Reporting Person's election to the Issuer's Board of Directors.

F1 · derivative.exercise_date: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F3 · derivative.expiration_date: The LTIP Units have no expiration date.

F1 · derivative.underlying: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F1 · derivative.underlying_shares: Fully vested special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"), are convertible into Common Partnership Units at the option of the Reporting Person. Common Partnership Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

SEC source: 0001104659-22-041725 · tm2211337-1_4seq1.xml · nonDerivative · entry 2

NUNNELEY MARK · CIK 0001261029 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,000

SEC source: 0001104659-22-034120 · tm229350-4_4seq1.xml · derivative · entry 2

Stockton Richard J · CIK 0001688739 · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 418,372

Underlying: Common Stock · 418,372 shares

Expires 2024-12-31

F3 · security: Each performance LTIP Unit ("Performance LTIP Unit") award represents a special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), subject to performance-based vesting criteria.

F3 · derivative.exercise_price: Each performance LTIP Unit ("Performance LTIP Unit") award represents a special long-term incentive partnership units ("LTIP Units") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), subject to performance-based vesting criteria.

F4 · kind: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F5 · shares: Represents the maximum number of LTIP Units that may vest pursuant to the 2021 and 2022 awards of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance LTIP Units will generally vest on December 31, 2023 (with respect to the 2021 Performance LTIP Units) and December 31, 2024 (with respect to the 2022 Performance LTIP Units). See Footnote 6 discussing the convertibility of vested LTIP Units.

F4 · price: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F5 · derivative.underlying_shares: Represents the maximum number of LTIP Units that may vest pursuant to the 2021 and 2022 awards of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance LTIP Units will generally vest on December 31, 2023 (with respect to the 2021 Performance LTIP Units) and December 31, 2024 (with respect to the 2022 Performance LTIP Units). See Footnote 6 discussing the convertibility of vested LTIP Units.

F5 · balance_after: Represents the maximum number of LTIP Units that may vest pursuant to the 2021 and 2022 awards of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance LTIP Units will generally vest on December 31, 2023 (with respect to the 2021 Performance LTIP Units) and December 31, 2024 (with respect to the 2022 Performance LTIP Units). See Footnote 6 discussing the convertibility of vested LTIP Units.

SEC source: 0001104659-22-034119 · tm229350-3_4seq1.xml · derivative · entry 9

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Texas Yarrow LLC - 2022 PS

Disclosed balance after: 455,968

Underlying: Common Stock · 455,968 shares

Expires 2024-12-31

F7 · security: Each performance LTIP unit ("Performance LTIP Unit") award represents an LTIP Unit subject to specified performance-based vesting criteria.

F7 · derivative.exercise_price: Each performance LTIP unit ("Performance LTIP Unit") award represents an LTIP Unit subject to specified performance-based vesting criteria.

F8 · kind: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F9 · shares: Represents the maximum number of LTIP Units that may vest pursuant to the 2021 and 2022 awards of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance LTIP Units will generally vest on December 31, 2023 (with respect to the 2021 Performance LTIP Units) and December 31, 2024 (with respect to the 2022 Performance LTIP Units). See Footnote 3 discussing the convertibility of vested LTIP Units.

F8 · price: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F9 · derivative.underlying_shares: Represents the maximum number of LTIP Units that may vest pursuant to the 2021 and 2022 awards of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance LTIP Units will generally vest on December 31, 2023 (with respect to the 2021 Performance LTIP Units) and December 31, 2024 (with respect to the 2022 Performance LTIP Units). See Footnote 3 discussing the convertibility of vested LTIP Units.

F9 · balance_after: Represents the maximum number of LTIP Units that may vest pursuant to the 2021 and 2022 awards of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance LTIP Units will generally vest on December 31, 2023 (with respect to the 2021 Performance LTIP Units) and December 31, 2024 (with respect to the 2022 Performance LTIP Units). See Footnote 3 discussing the convertibility of vested LTIP Units.

SEC source: 0001104659-22-034122 · tm229350-5_4seq1.xml · derivative · entry 5

NUNNELEY MARK · CIK 0001261029 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · JoyceMadgra LLC

Disclosed balance after: 117,248

Underlying: Common Stock · 117,248 shares

Expires 2024-12-31

F3 · security: Each performance LTIP unit ("Performance LTIP Unit") award represents a special long-term incentive partnership unit ("LTIP Unit") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary, subject to specified performance-based vesting criteria.

F3 · derivative.exercise_price: Each performance LTIP unit ("Performance LTIP Unit") award represents a special long-term incentive partnership unit ("LTIP Unit") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary, subject to specified performance-based vesting criteria.

F4 · kind: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F5 · shares: Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units, will generally vest on December 31, 2024. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units ("Common Units"), are convertible into Common Units at the option of the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F4 · price: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F5 · derivative.underlying_shares: Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units, will generally vest on December 31, 2024. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units ("Common Units"), are convertible into Common Units at the option of the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F5 · balance_after: Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units, will generally vest on December 31, 2024. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units ("Common Units"), are convertible into Common Units at the option of the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

SEC source: 0001104659-22-034118 · tm229350-2_4seq1.xml · derivative · entry 6

Eubanks Deric S · CIK 0001608195 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 201,930

Underlying: Common Stock · 201,930 shares

Expires 2024-12-31

F6 · security: Each performance LTIP unit ("Performance LTIP Unit") award represents a special long-term incentive partnership unit ("LTIP Unit"),in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary, subject to specified performance-based vesting criteria.

F6 · derivative.exercise_price: Each performance LTIP unit ("Performance LTIP Unit") award represents a special long-term incentive partnership unit ("LTIP Unit"),in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary, subject to specified performance-based vesting criteria.

F7 · kind: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F8 · shares: Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units, will generally vest on December 31, 2024. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units ("Common Units"), are convertible into Common Units at the option of the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F7 · price: The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F8 · derivative.underlying_shares: Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units, will generally vest on December 31, 2024. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units ("Common Units"), are convertible into Common Units at the option of the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

F8 · balance_after: Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units, will generally vest on December 31, 2024. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units ("Common Units"), are convertible into Common Units at the option of the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis.

SEC source: 0001104659-22-034116 · tm229350-1_4seq1.xml · derivative · entry 1

Rose Alex · CIK 0001870678 · Exec. VP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,712

Underlying: Common Stock · 40,712 shares

Expires 2024-12-31

F1 · security: Each performance stock unit ("Performance Stock Unit") award granted in 2022 represents a right to receive between 0% and 200% of the target number of Performance Stock Units reflected in the table.

F1 · derivative.exercise_price: Each performance stock unit ("Performance Stock Unit") award granted in 2022 represents a right to receive between 0% and 200% of the target number of Performance Stock Units reflected in the table.

F2 · kind: The Reporting Person received the Performance Stock Units pursuant to a grant from the Issuer under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan.

F3 · shares: Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the target number of Performance Stock Units reported, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder returns, the Performance Stock Units, as adjusted, will generally vest on December 31, 2024. One-third of the Performance Stock Units will be eligible to vest (at up to 200% of target) based on performance during the first year of the performance period.

F1 · price: Each performance stock unit ("Performance Stock Unit") award granted in 2022 represents a right to receive between 0% and 200% of the target number of Performance Stock Units reflected in the table.

F3 · derivative.underlying_shares: Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the target number of Performance Stock Units reported, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder returns, the Performance Stock Units, as adjusted, will generally vest on December 31, 2024. One-third of the Performance Stock Units will be eligible to vest (at up to 200% of target) based on performance during the first year of the performance period.

F3 · balance_after: Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the target number of Performance Stock Units reported, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder returns, the Performance Stock Units, as adjusted, will generally vest on December 31, 2024. One-third of the Performance Stock Units will be eligible to vest (at up to 200% of target) based on performance during the first year of the performance period.

SEC source: 0001104659-22-035205 · tm229629-2_4seq1.xml · nonDerivative · entry 1

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 303,711

F1 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F2 · price: Represents the closing price of the common stock on March 14, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-035204 · tm229629-1_4seq1.xml · nonDerivative · entry 1

Eubanks Deric S · CIK 0001608195 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,278

F1 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F2 · price: Represents the closing price of the common stock on March 14, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-128264 · tm2233043-2_4aseq1.xml · nonDerivative · entry 1

Eubanks Deric S · CIK 0001608195 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 133,527

F1 · kind: The number of shares of common stock forfeited to the Issuer to satisfy tax-withholding obligations of the Reporting Person in connection with the vesting of restricted stock was incorrectly reported on the Form 4 filed by the Reporting Person on March 17, 2022. This amended Form 4 shows the correct number of shares forfeited.

F1 · shares: The number of shares of common stock forfeited to the Issuer to satisfy tax-withholding obligations of the Reporting Person in connection with the vesting of restricted stock was incorrectly reported on the Form 4 filed by the Reporting Person on March 17, 2022. This amended Form 4 shows the correct number of shares forfeited.

F2 · price: Represents the closing price of the common stock on March 14, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-034118 · tm229350-2_4seq1.xml · nonDerivative · entry 1

Eubanks Deric S · CIK 0001608195 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,367

F1 · price: Reflects the weighted average price for the reported transactions. The shares were sold in multiple transactions at prices ranging from $5.72 to $5.61, inclusive. The Reporting Person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares sold at each separate price within the range specified.

SEC source: 0001104659-22-034120 · tm229350-4_4seq1.xml · nonDerivative · entry 1

Stockton Richard J · CIK 0001688739 · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 155,897

F1 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F2 · price: Represents the closing price of the common stock on March 10, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-034119 · tm229350-3_4seq1.xml · nonDerivative · entry 1

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 123,219

F1 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F2 · price: Represents the closing price of the common stock on March 10, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-034118 · tm229350-2_4seq1.xml · nonDerivative · entry 2

Eubanks Deric S · CIK 0001608195 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 181,608

F2 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F3 · price: Represents the closing price of the common stock on March 10, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-128261 · tm2233043-1_4aseq1.xml · nonDerivative · entry 1

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,777

F1 · kind: The number of shares of common stock forfeited to the Issuer to satisfy tax-withholding obligations of the Reporting Person in connection with the vesting of restricted stock was incorrectly reported on the Form 4 filed by the Reporting Person on March 15, 2022. This amended Form 4 shows the correct number of shares forfeited.

F1 · shares: The number of shares of common stock forfeited to the Issuer to satisfy tax-withholding obligations of the Reporting Person in connection with the vesting of restricted stock was incorrectly reported on the Form 4 filed by the Reporting Person on March 15, 2022. This amended Form 4 shows the correct number of shares forfeited.

F2 · price: Represents the closing price of the common stock on March 10, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-029557 · tm228254-2_4seq1.xml · nonDerivative · entry 1

Stockton Richard J · CIK 0001688739 · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 161,473

F1 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F2 · price: Represents the closing price of the common stock on February 25, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-029581 · tm228254-1_4seq1.xml · nonDerivative · entry 1

Bennett Monty J · CIK 0001260654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 128,779

F1 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F2 · price: Represents the closing price of the common stock on February 25, 2022, the last trading day before the date of forfeiture.

SEC source: 0001104659-22-029560 · tm228254-3_4seq1.xml · nonDerivative · entry 1

Eubanks Deric S · CIK 0001608195 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 184,123

F1 · kind: Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.

F2 · price: Represents the closing price of the common stock on February 25, 2022, the last trading day before the date of forfeiture.

SEC source: 0001567619-21-016082 · doc1.xml · nonDerivative · entry 1

McWilliams Curtis B · CIK 0001313188 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,802

SEC source: 0001104659-21-102833 · tm2124612-1_4seq1.xml · nonDerivative · entry 2

Evans Mary Candace · CIK 0001780661 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,000

SEC source: 0001104659-21-091682 · tm2122119-3_4seq1.xml · nonDerivative · entry 2

NUNNELEY MARK · CIK 0001261029 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,000

SEC source: 0001104659-21-091677 · tm2122119-2_4seq1.xml · nonDerivative · entry 2

Welter Jeremy · CIK 0001516834 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,500