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
Series D Cumulative Convertible Preferred Stock
2017-02-28−3,245,156→ 0 totalExercise: $1.60From: 2016-03-16→ Common Stock (20,282,225 underlying) - Conversion
Common Stock
2017-02-28$1.60/sh+20,282,225$32,451,560→ 21,213,448 total - Award
Series E Cumulative Convertible Preferred Stock
2017-02-28$10.00/sh+487,738$4,877,380→ 487,738 totalExercise: $2.13From: 2019-02-28→ Common Stock (2,289,849 underlying)
Holdings
- 312,500(indirect: Efanur, S.A., an affiliate)
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 of the Issuer 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.