SEC Form 4 · accession 0001225208-16-038811
Apple Hospitality REIT, Inc. · APLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Justin G Knight
Officer — President and CEO · Director
Period of report
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001418121
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Sep 1, 2016 | A | 190,696 | $0.00 | A | 1,019,377 | D | |
| Common SharesF2 | Sep 1, 2016 | A | 16,639 | $0.00 | A | 26,270 | I | By J. Knight Generation Skipping Irrevocable Trust |
| Common Shares | holding | — | — | — | 268,304 | I | By J A M N Ltd. Partnership LLC | |
| Common Shares | holding | — | — | — | 1,170 | I | By trust f/b/o children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 30,090 Series B Preferred Shares and 804 Units (consisting of one common share and one Series A preferred share) of Apple REIT Ten, Inc. ("Apple Ten") in connection with the merger of Apple Ten into a wholly-owned subsidiary of the issuer (the "Merger") along with approximately an aggregate of $365,321 in cash consideration. There was no active trading market for Apple Ten Series B Preferred Shares or Apple Ten Units as of the date of the Merger. Apple Hospitality common shares had a closing market value of $18.94 per share on the effective date of the Merger.
- F2Received by a trust for the reporting person's children in exchange for 2,631.25 Series B Preferred Shares of Apple Ten in connection with the Merger along with approximately an aggregate of $31,876 in cash consideration. There was no active trading market for Apple Ten Series B Preferred Shares as of the date of the Merger. Apple Hospitality common shares had a closing market value of $18.94 per share on the effective date of the Merger.