CONDOR HOSPITALITY TRUST, INC. 4
4 · CONDOR HOSPITALITY TRUST, INC. · Filed Mar 2, 2017
Insider Transaction Report
Form 4
EFANUR Stock Corp.
10% Owner
Transactions
- Conversion
Common Stock
2017-02-28$1.60/sh+20,282,225$32,451,560→ 21,213,448 total(indirect: By Group) - Award
Series E Cumulative Convertible Preferred Stock
2017-02-28$10.00/sh+487,738$4,877,380→ 487,378 total(indirect: By Group)Exercise: $2.13From: 2019-02-28→ Common Stock (2,289,849 underlying) - Conversion
Series D Cumulative Convertible Preferred Stock
2017-02-28−3,245,156→ 0 total(indirect: By Group)Exercise: $1.60From: 2016-03-16→ Common Stock (20,282,225 underlying)
Holdings
- 312,500
Common Stock
Footnotes (3)
- [F1]The Series D Cumulative Convertible Preferred Stock does not have an expiration date.
- [F2]Members of the board of directors were designated by contractual right by Real Estate Strategies LLC, and as a result for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting persons are deemed to be directors of the Issuer by deputization.
- [F3]The Series E Cumulative Convertible Preferred Stock does not have an expiration date.