SEC Form 4 · accession 0001063344-17-000002
HERSHA HOSPITALITY TRUST · HT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Hutchison III
Director
Period of report
Dec 29, 2016
Accepted (ET)
Jan 3, 2017 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001063344
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Shares of Beneficial InterestF1 | Dec 29, 2016 | S | 8,000 | $21.3353 | D | 58,181 | D | |
| Class A Common Shares of Beneficial InterestF2 | Dec 30, 2016 | A | 6,516 | $21.50 | A | 64,697 | D | |
| Class A Common Shares of Beneficial InterestF3 | holding | — | — | — | 20,000 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.32 to $21.37. The Reporting Person undertakes to provide Hersha Hospitality Trust, any security holder of Hersha Hospitality Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Includes 2,000 unrestricted shares and 4,516 restricted shares issued by Hersha Hospitality Trust pursuant to its Amended and Restated 2012 Equity Incentive Plan.
- F3The Reporting Person disclaims beneficial ownership of these securities, as this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or any other purpose.