SEC Form 4 · accession 0000900440-19-000011
CONDOR HOSPITALITY TRUST, INC. · CDOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Calahan
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 4:04 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,F2,F3 | Jan 2, 2019 | A | 899 | $0.00 | A | 2,895,697 | I | By SREP III Flight-Investco, L.P. |
| Common StockF2,F3 | Jan 2, 2019 | J | 2,895,697 | $0.00 | D | 0 | I | By SREP III Flight-Investco, L.P. |
| Common StockF4 | Jan 2, 2019 | A | 457 | $0.00 | A | 457 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pro-rata portion of Shares issued under the Company's 2016 Stock Plan for director fees for the quarter ended December 31, 2018.
- F2Shares issued under the Company's 2016 Stock Plan for director fees while Mr. Calahan was an employee of StepStone Group Real Estate L.P. Since Mr. Calahan ceased to be an employee of StepStone Group Real Estate L.P. on November 30, 2018, he is discontinuing reporting of these shares with this report. StepStone Group Real Estate L.P. is 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. As Mr. Calahan's employment terms with respect to these shares provided that all director fees received by him are for the sole benefit of SREP III Flight-Investco, L.P., (continued at Footnote 3)
- F3(Continued from Footnote 2) Mr. Calahan during the time of his employment may have been deemed a participant in the control of the voting, disposition or purchase of these shares and thus may have been deemed to share beneficial ownership of these shares. Mr. Calahan disclaims beneficial ownership of these shares and any pecuniary interest therein. The inclusion of these shares in his prior reports shall not be an admission of beneficial ownership.
- F4Pro-rata portion of Shares issued under the Company's 2016 Stock Plan for director fees for the quarter ended December 31, 2018.