CONDOR HOSPITALITY TRUST, INC. 4
4 · CONDOR HOSPITALITY TRUST, INC. · Filed Mar 2, 2017
Insider Transaction Report
Form 4
Giller Jeff
Director
Transactions
- Purchase
Series E Cumulative Convertible Preferred Stock
2017-02-28$10.00/sh+437,262$4,372,620→ 437,262 total(indirect: By SREP III Flight-Investco, L.P.)Exercise: $2.13From: 2019-02-28→ Common Stock (2,052,873 underlying) - Conversion
Series D Cumulative Convertible Preferred Stock
2017-02-28−3,000,000→ 0 total(indirect: By SREP III FLight-Investco, L.P.)Exercise: $1.60From: 2016-03-16→ Common Stock (18,750,000 underlying) - Conversion
Common Stock
2017-02-28$1.60/sh+18,750,000$30,000,000→ 18,750,000 total(indirect: By SREP III Flight-Investco, L.P.)
Footnotes (3)
- [F1]Mr. 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.
- [F2]The Series D Cumulative Convertible Preferred Stock does not have an expiration date.
- [F3]The Series E Cumulative Convertible Preferred Stock does not have an expiration date.