Brian Ferdinand - May 20, 2024 Form 4 Insider Report for LUXURBAN HOTELS INC. (LUXH)

Role
Director, 10%+ Owner
Signature
/s/ Brian Ferdinand
Stock symbol
LUXH
Transactions as of
May 20, 2024
Transactions value $
$0
Form type
4
Date filed
5/21/2024, 04:45 PM
Previous filing
Dec 14, 2023
Next filing
May 24, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUXH Common Stock Disposed to Issuer $0 -7.5M -48.87% $0.00 7.85M May 20, 2024 by THA Holdings LLC F1, F2
holding LUXH Common Stock 226K May 20, 2024 Direct
holding LUXH Common Stock 463K May 20, 2024 by THA Family II Limited Liability Company F3
holding LUXH Common Stock 73.3K May 20, 2024 by SuperLuxMia LLC F4

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
transaction LUXH Warrants Award $0 +7.5M $0.00 7.5M May 20, 2024 Common Stock 7.5M $0.01 By THA Holdings LLC F2, F5, F6
holding LUXH Warrants 250K May 20, 2024 Common Stock 250K $4.20 by THA Family II Limited Liability Company F3
holding LUXH Warrants 110K May 20, 2024 Common Stock 110K $4.20 by THA Family II Limited Liability Company F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Common Stock disposed by the Reporting Person to the Issuer in exchange for 7,500,000 Warrants. Such exchange is consummated pursuant to the Exchange Agreement between the Reporting Person and the Issuer, dated May 17, 2024.
F2 THA Holdings LLC is an entity controlled and operated by the Reporting Person.
F3 THA Family II Limited Liability Company is an entity controlled and operated by the Reporting Person.
F4 SuperLuxMia LLC is an entity controlled and operated by the Reporting Person.
F5 Represents 7,500,000 Warrants issued to the Reporting Person by the Issuer pursuant to the terms of the Exchange Agreement between the Reporting Person and Issuer, dated May 17, 2024.
F6 This Warrant shall be exercisable commencing the date that is one (1) day after the date an amendment to the certificate of incorporation of the Issuer to increase the Company's authorized capital from 100 million shares to 220 million shares is filed and effective with the Secretary of State of the State of Delaware.