SEC Form 4 · accession 0000923603-17-000138
FelCor Lodging Trust Inc · FCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Corcoran Jr.
Officer — Chairman · Director
Period of report
Aug 31, 2017
Accepted (ET)
Sep 5, 2017 · 3:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000923603
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 31, 2017 | D | 382,215 | $0.00 | D | 0 | D | |
| Common StockF1 | Aug 31, 2017 | D | 30,000 | $0.00 | D | 0 | I | by TCOR Holdings, L.L.C. |
| Common StockF1 | Aug 31, 2017 | D | 2,847 | $0.00 | D | 0 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred ConvertibleF3,F2 | $32.25 | Aug 31, 2017 | D | 4,000 | D | — | — | Common Stock | 3,101 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to an Agreement and Plan of Merger, dated as of April 23, 2017 (the "Merger Agreement"), by and among RLJ Lodging Trust ("RLJ"), RLJ Lodging Trust, L.P. (the "Operating Partnership"), Rangers Sub I, LLC ("REIT Merger Sub"), Rangers Sub II, LP, FelCor Lodging Trust Incorporated ("FelCor") and FelCor Lodging Limited Partnership, FelCor merged with and into REIT Merger Sub, with REIT Merger Sub surviving as a wholly-owned subsidiary of the Operating Partnership (the "REIT Merger"). Pursuant to the Merger Agreement, each outstanding share of common stock, par value $0.01 per share, of FelCor was converted into the right to receive 0.362 common shares of beneficial interest, par value $0.01 per share, of RLJ and cash in lieu of any fractional RLJ Common Shares.
- F2The Series A Preferred Stock has been convertible, at the holder's election, since issuance and has no expiration date.
- F3Disposed of pursuant to the Merger Agreement, pursuant to which each issued and outstanding share of $1.95 Series A cumulative convertible preferred stock, par value $0.01 per share, of FelCor (the "FelCor Series A Preferred Stock") was converted into the right to receive one share of $1.95 Series A Cumulative Convertible Preferred Shares, par value $0.01 per share, of RLJ, which has the same rights, preferences, privileges and voting powers as those of the FelCor Series A Preferred Stock.