SEC Form 4 · accession 0001140361-15-012347
ESH Hospitality, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan S Halkyard
Officer — See Remarks.
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 7:15 pm EDT
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 | Mar 13, 2015 | F | 44,611 | $18.83 | D | 192,044 | D | |
| Paired SharesF2 | Mar 16, 2015 | A | 100,000 | $0.00 | A | 292,044 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects tax withholding in connection with the settlement of Restricted Stock Units granted on November 25, 2013 and March 3, 2014.
- F2The reported transaction is an award of Restricted Stock Units in respect of Paired Shares. Each 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. Forms 3 and 4 reflecting the holdings of Paired Shares by the Reporting Person shown on this Form 4 have been filed with respect to Extended Stay America, Inc. as issuer. These Restricted Stock Units are scheduled to vest annually over a two-year period such that 50% of the Restricted Stock Units will vest on each of January 5, 2016 and January 5, 2017. Vested Restricted Stock Units will be settled in Paired Shares on March 15th next following the applicable vesting date.
Remarks
Mr. Halkyard is the Chief Financial Officer of ESH Hospitality, Inc. and Extended Stay America, Inc.