SEC Form 4 · accession 0000900440-17-000013

CONDOR HOSPITALITY TRUST, INC. · CDOR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 28, 2017

Accepted (ET)

Mar 2, 2017 · 12:24 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 Stock^F1	Feb 28, 2017	C	18,750,000	$1.60	A	18,750,000	I	By SREP III Flight-Investco, L.P.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series D Cumulative Convertible Preferred Stock^F1,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 Stock^F1,F3	$2.13	Feb 28, 2017	P	437,262	A	Feb 28, 2019	—	Common Stock	2,052,873	437,262	I

F1Mr. Giller is a member of StepStone Group Real Estate Holdings LLC, 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. Mr. Giller may be deemed a participant in the control of the voting, disposition or purchase of these shares and thus may be deemed to share beneficial ownership of these shares. Mr. Giller disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
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.