Brown Neil T 4
4 · ESH Hospitality, Inc. · Filed May 29, 2020
Insider Transaction Report
Form 4
Brown Neil T
Director
Transactions
- Award
Paired Shares
2020-05-28+7,278→ 57,359 total
Footnotes (3)
- [F1]Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B common stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit.
- [F2]The reported transaction is an award of Restricted Stock Units in respect of Paired Shares. Subject to the reporting person's continued service as a director of the issuer through the vesting date, these Restricted Stock Units are scheduled to vest in full on May 28, 2021. Vested Restricted Stock Units will be settled in Paired Shares on the September 15th next following the vesting date (or, in any year when the 15th of September falls on a non-business day, the business day immediately prior to such date).
- [F3]This amount includes 8,000 Paired Shares held by the reporting person and his wife, Karen Brown, as joint tenants.