SEC Form 4 · accession 0001209191-16-149848
Sotherly Hotels Inc. · SOHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Sims
Officer — Chief Executive Officer · Director
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 5:49 pm EST
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 StockF1 | Nov 9, 2016 | P | 10,000 | $5.00 | A | 372,555 | D | |
| Common StockF2 | Nov 9, 2016 | S | 10,000 | $4.75 | D | 362,555 | D | |
| Common Stock | holding | — | — | — | 793,937 | I | By AMS Family Partnership, R.L.L.P. | |
| Commont Stock | holding | — | — | — | 156,250 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were acquired pursuant to a self-directed brokerage account option in Sotherly Hotels Inc.'s 401(k) plan.
- F2The shares were disposed pursuant to a self-directed brokerage account option in Sotherly Hotels Inc.'s 401(k) plan.