SEC Form 4 · accession 0000899243-17-005962
CONDOR HOSPITALITY TRUST, INC. · CDOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
StepStone REP III (GP), LLC
10% Owner
StepStone Group Real Estate LP
10% Owner
SREP III Flight - Investco, L.P.
10% Owner
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 1:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 28, 2017 | C | 18,750,000 | $1.60 | A | 18,750,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series D Cumulative Convertible Preferred StockF1,F2 | $1.60 | Feb 28, 2017 | C | 3,000,000 | D | Mar 16, 2016 | — | Common Stock | 18,750,000 | 0 | I |
| Series E Cumulative Convertible Preferred StockF1,F3 | $2.13 | Feb 28, 2017 | P | 437,262 | A | Feb 28, 2019 | — | Common Stock | 2,052,873 | 437,262 | I |
Explanation of responses
- F1StepStone Group Real Estate Holdings LLC is the general partner of StepStone Group Real Estate LP, the sole member and investment manager of StepStone REP III (GP), LLC, the general partner of SREP III Flight - Investco L.P., the record holder of the shares. Each of the foregoing entities other than SREP III Flight - Investco, L.P. disclaims beneficial ownership of the shares except to the extent of a pecuniary interest therein.
- F2The Series D Cumulative Convertible Preferred Stock does not have an expiration date.
- F3The Series E Cumulative Convertible Preferred Stock does not have an expiration date.