SEC Form 4 · accession 0000900440-17-000075
CONDOR HOSPITALITY TRUST, INC. · CDOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Giller
Director
Period of report
Jul 3, 2017
Accepted (ET)
Jul 6, 2017 · 2:46 pm EDT
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,F2 | Jul 3, 2017 | A | 122 | $0.00 | A | 122 | D | |
| Common StockF3 | holding | — | — | — | 2,885,570 | I | By SREP III Flight-Investco, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares issued under the Company's 2016 Stock Plan to Mr. Giller as director fees for board service for the quarter ended June 30, 2017. Mr. Giller is a member of StepStone Group Real Estate Holdings LLC, general manager 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 terms of his employment with StepStone Group Real Estate Holdings LLC provide that all director fees received by him are for the sole benefit of SREP III Flight-Investco, L.P. 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.
- F2(Continued from Footnote 1) 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.
- F3Mr. Giller is a member of StepStone Group Real Estate Holdings LLC, general manager 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. Share numbers have been adjusted to reflect the 6.5-to-1 reverse stock split of the Company's common stock that occurred on March 15, 2017.