Giller Jeff 4
4 · CONDOR HOSPITALITY TRUST, INC. · Filed Oct 4, 2017
Insider Transaction Report
Form 4
Giller Jeff
Director
Transactions
- Award
Common Stock
2017-10-02+840→ 2,887,489 total(indirect: By SREP III Flight-Investco, L.P.)
Footnotes (2)
- [F1]Shares issued under the Company's 2016 Stock Plan for director fees for the quarter ended 9/30/2017. Mr. Giller is a member of StepStone Group Real Estate Holdings LLC ("SGREH"), general manager 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. His employment terms with SGREH provide that all director fees received by him including the 840 shares reported on the Form 4 are for the sole benefit of SREP III Flight-Investco, L.P. (continued at Footnote 2)
- [F2](continued from Footnote 1) Shares numbers previously reported as "D" are now reported as "I" to reflect this employment policy. 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.