4//SEC Filing
Brown Neil T 4
Accession 0000895345-21-000608
CIK 0001507563other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 5:36 PM ET
Size
5.7 KB
Accession
0000895345-21-000608
Insider Transaction Report
Form 4
Brown Neil T
Director
Transactions
- Disposition to Issuer
Paired Shares
2021-06-16$18.75/sh−58,923$1,104,806→ 0 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. This Form 4 is being filed in connection with the merger ("Merger") of a wholly-owned subsidiary of Eagle Parent Holdings L.P. ("Eagle") with and into the Issuer, pursuant to the terms of the certain Agreement and Plan of Merger, dated as of March 14, 2021 (the "Merger Agreement"), between the Issuer and Eagle. The Merger closed on June 16, 2021.
- [F2]Each Paired Share held directly or indirectly by the reporting person at the effective time of the Merger was disposed of for $18.75 in cash, pursuant to the terms of the Merger Agreement. This price does not include the special dividend of $1.75 per Paired Share that the reporting person has the right to receive in connection with the consummation of the Merger.
- [F3]This amount includes 8,000 Paired Shares held by the reporting person and his wife, Karen Brown, as joint tenants.
Documents
Issuer
ESH Hospitality, Inc.
CIK 0001507563
Entity typeother
Related Parties
1- filerCIK 0001707067
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 5:36 PM ET
- Size
- 5.7 KB