SEC Form 4 · accession 0000899243-16-036041
ESH Hospitality, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Stephen A Schwarzman
10% Owner
Blackstone Group L.P.
10% Owner
Blackstone Group Management L.L.C.
10% Owner
Blackstone Holdings III L.P.
10% Owner
Blackstone Holdings III GP L.P.
10% Owner
BREA VI-ESH L.L.C.
10% Owner
BREP VI Side-by-Side GP L.L.C.
10% Owner
Period of report
Dec 16, 2016
Accepted (ET)
Dec 20, 2016 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507563
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Paired SharesF1,F2,F3,F11,F12,F13,F14 | Dec 16, 2016 | S | 800,012 | $16.41 | D | 5,248,410 | I | See footnotes |
| Paired SharesF1,F2,F4,F11,F12,F13,F14 | Dec 16, 2016 | S | 810,613 | $16.41 | D | 5,317,947 | I | See footnotes |
| Paired SharesF1,F2,F5,F11,F12,F13,F14 | Dec 16, 2016 | S | 270,354 | $16.41 | D | 1,773,639 | I | See footnotes |
| Paired SharesF1,F2,F6,F11,F12,F13,F14 | Dec 16, 2016 | S | 5,447 | $16.41 | D | 35,786 | I | See footnotes |
| Paired SharesF1,F2,F7,F11,F12,F13,F14 | Dec 16, 2016 | S | 518,453 | $16.41 | D | 3,361,984 | I | See footnotes |
| Paired SharesF1,F2,F8,F11,F12,F13,F14 | Dec 16, 2016 | S | 1,114,508 | $16.41 | D | 7,227,208 | I | See footnotes |
| Paired SharesF1,F2,F9,F11,F12,F13,F14 | Dec 16, 2016 | S | 842,203 | $16.41 | D | 5,535,460 | I | See footnotes |
| Paired SharesF1,F2,F10,F11,F12,F13,F14 | Dec 16, 2016 | S | 13,410 | $16.41 | D | 86,962 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Paired Shares (as defined below) reported herein were sold in an underwritten secondary block trade or directly to Extended Stay America, Inc. and ESH Hospitality, Inc. (together, the "Issuers").
- F10These Paired Shares are directly held by Blackstone Real Estate Holdings VI L.P.
- F11The general partner of each of Blackstone Real Estate Partners VI.A-ESH L.P., Blackstone Real Estate Partners VI.B-ESH L.P., Blackstone Real Estate Partners VI.C-ESH L.P., Blackstone Real Estate Partners (AIV) VI-ESH L.P., Blackstone Real Estate Partners VI.TE.1-ESH L.P., Blackstone Real Estate Partners VI.TE.2-ESH L.P. and Blackstone Real Estate Partners VI.F-ESH L.P. (together with Blackstone Real Estate Holdings VI L.P., collectively, the "Partnerships") is Blackstone Real Estate Associates VI-ESH L.P. The general partner of Blackstone Real Estate Holdings VI L.P. is BREP VI Side-by-Side GP L.L.C. (Continued in footnote 12)
- F12The general partner of Blackstone Real Estate Associates VI-ESH L.P. is BREA VI-ESH L.L.C. The managing member of BREA VI-ESH L.L.C. and sole member of BREP VI Side-by-Side GP L.L.C. is Blackstone Holdings III L.P. The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P. The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The managing member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group L.P. The general partner of The Blackstone Group L.P. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. (Continued in footnote 13)
- F13Each of such Blackstone entities (other than the Partnerships to the extent of their direct holdings) and Mr. Schwarzman may be deemed to beneficially own the Paired Shares beneficially owned by the Partnerships directly or indirectly controlled by it or him, but each disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
- F14Due to the limitations of the Securities and Exchange Commission's EDGAR system, Blackstone Real Estate Partners VI.A-ESH L.P., Blackstone Real Estate Partners VI.B-ESH L.P., Blackstone Real Estate Partners VI.C-ESH L.P., Blackstone Real Estate Partners (AIV) VI-ESH L.P., Blackstone Real Estate Partners VI.TE.1-ESH L.P., Blackstone Real Estate Partners VI.TE.2-ESH L.P., Blackstone Real Estate Partners VI.F-ESH L.P. and Blackstone Real Estate Holdings VI L.P. have filed a separate Form 4.
- F2Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B Common Stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit. A Form 4 reflecting the holdings of Paired Shares by the Reporting Persons shown on this Form 4 has been concurrently filed with respect to Extended Stay America, Inc. as issuer.
- F3These Paired Shares are directly held by Blackstone Real Estate Partners VI.A-ESH L.P.
- F4These Paired Shares are directly held by Blackstone Real Estate Partners VI.B-ESH L.P.
- F5These Paired Shares are directly held by Blackstone Real Estate Partners VI.C-ESH L.P.
- F6These Paired Shares are directly held by Blackstone Real Estate Partners (AIV) VI-ESH L.P.
- F7These Paired Shares are directly held by Blackstone Real Estate Partners VI.TE.1-ESH L.P.
- F8These Paired Shares are directly held by Blackstone Real Estate Partners VI.TE.2-ESH L.P.
- F9These Paired Shares are directly held by Blackstone Real Estate Partners VI.F-ESH L.P.