SEC Form 4 · accession 0001209191-15-031607
Sotherly Hotels Inc. · SOHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kim Sims
Director
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301236
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 1, 2015 | C | 100,000 | $0.00 | A | 100,000 | I | By KES Family Partnership, L.L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Partnership UnitsF1,F2,F3 | — | Apr 1, 2015 | C | 100,000 | D | — | — | Common Stock | 100,000 | 207,687 | I |
Explanation of responses
- F1Operating Partnership Units in Sotherly Hotels LP, Sotherly Hotels Inc.'s operating partnership.
- F2Sotherly Hotels LP has redeemed the operating partnership units in exchange for shares of Sotherly Hotels Inc.'s common stock.
- F3There is no expiration to the redemption right.