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\"Shares\") pursuant to the issuer's independent directors' compensation plan (the \"Plan\") upon the reporting person's appointment to the issuer's board of directors. The Shares granted pursuant to the Plan will generally vest and become non-forfeitable in equal quarterly installments beginning on the first day of the first quarter following the date of grant; provided, however, that the shares of restricted stock granted pursuant to the Plan will become fully vested on the earlier to occur of (i) the termination of the reporting person's service as a director due to his death or disability, or (ii) a change in control of the issuer."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Shares of restricted common stock granted at no cost pursuant to the Plan."}],"balance_after":13968,"source":{"system":"sec-edgar","filing":"0001387131-17-004852","document":"armstrong-form4_092817.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1200799/000138713117004852/armstrong-form4_092817.xml","form_type":"4"}},{"id":4199895,"issuer":{"id":172889,"kind":"organization","name":"Moody National REIT II, Inc.","symbol":"N/A"},"owners":[{"id":60323,"kind":"person","name":"ARMSTRONG WILLIAM H III","position":1,"cik":"0001200799","reported_name":"ARMSTRONG WILLIAM H III","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"CLASS A COMMON STOCK","published_at":"2017-09-28T16:50:20.000Z","date":"2017-09-27","kind":"grant","acquired":true,"shares":8968,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Received in exchange for 21,874.495 shares of Moody National REIT I, Inc. (\"Moody I\") common stock in connection with the merger of Moody I with and into the issuer (the \"Merger\"). In the Merger, each share of Moody I common stock was converted into the right to receive either (i) cash, in the amount of $10.25 per share of Moody I common stock (the \"Per Share Cash Consideration\") or (ii) 0.41 shares of issuer common stock per share of Moody I common stock. Pursuant to the agreement and plan of merger governing the Merger, the parties thereto agreed that the price of each share of issuer common stock was $25.00."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Received in exchange for 21,874.495 shares of Moody National REIT I, Inc. (\"Moody I\") common stock in connection with the merger of Moody I with and into the issuer (the \"Merger\"). In the Merger, each share of Moody I common stock was converted into the right to receive either (i) cash, in the amount of $10.25 per share of Moody I common stock (the \"Per Share Cash Consideration\") or (ii) 0.41 shares of issuer common stock per share of Moody I common stock. Pursuant to the agreement and plan of merger governing the Merger, the parties thereto agreed that the price of each share of issuer common stock was $25.00."}],"balance_after":8968,"source":{"system":"sec-edgar","filing":"0001387131-17-004852","document":"armstrong-form4_092817.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1200799/000138713117004852/armstrong-form4_092817.xml","form_type":"4"}},{"id":4199948,"issuer":{"id":172905,"kind":"organization","name":"Moody National REIT I, Inc.","symbol":"N/A"},"owners":[{"id":60323,"kind":"person","name":"ARMSTRONG WILLIAM H III","position":1,"cik":"0001200799","reported_name":"ARMSTRONG WILLIAM H III","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"CLASS A COMMON STOCK","published_at":"2017-09-28T16:29:29.000Z","date":"2017-09-27","kind":"disposition_to_issuer","acquired":false,"shares":21874.495,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"Reflects the disposition of shares of issuer common stock in connection with the merger (the \"Merger\") of the issuer with and into Moody National REIT II, Inc. 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In the Merger, each share of issuer common stock was converted into the right to receive either (i) cash, in the amount of $10.25 per share of issuer common stock or (ii) 0.41 shares of Moody II common stock per share of issuer common stock (the \"Per Share Stock Consideration\"). The reporting person elected to receive the Per Share Stock Consideration for each of his shares of issuer common stock. 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