SEC Form 4 · accession 0001140361-16-056338
Extended Stay America, Inc. · STAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard F Wallman
Director
Period of report
Mar 3, 2016
Accepted (ET)
Mar 3, 2016 · 4:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001581164
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Paired SharesF1,F2,F3 | Mar 3, 2016 | P | 5,000 | $14.998 | A | 117,734 | D | |
| Paired SharesF1,F4 | holding | — | — | — | 80,005 | I | See footnote | |
| Paired SharesF1,F5 | holding | — | — | — | 9,800 | I | See footnote | |
| Paired SharesF1 | holding | — | — | — | 13,800 | I | Spouse IRA | |
| Paired SharesF1 | holding | — | — | — | 18,200 | I | Spouse SEP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each 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 transaction in Paired Shares by the reporting person shown on this Form 4 has been concurrently filed with respect to ESH Hospitality, Inc. as issuer.
- F2The price reported in Column 4 is a weighted average price. These Paired Shares were purchased in multiple transactions at prices ranging from $14.95 to $15.01, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Paired Shares purchased at each separate price within the range set forth in this footnote.
- F3These Paired Shares were acquired by Richard F. Wallman and Amy Wallman jointly as tenants by the entirety.
- F4These Paired Shares are held through the Richard F. Wallman IRA, an individual retirement account for which he is a fiduciary.
- F5These Paired Shares are held through the Richard F. Wallman SEP, an individual retirement account for which he is a fiduciary.