Calahan Thomas 4
4 · CONDOR HOSPITALITY TRUST, INC. · Filed Jan 4, 2019
Insider Transaction Report
Form 4
Calahan Thomas
Director
Transactions
- Award
Common Stock
2019-01-02+899→ 2,895,697 total(indirect: By SREP III Flight-Investco, L.P.) - Other
Common Stock
2019-01-02−2,895,697→ 0 total(indirect: By SREP III Flight-Investco, L.P.) - Award
Common Stock
2019-01-02+457→ 457 total
Footnotes (4)
- [F1]Pro-rata portion of Shares issued under the Company's 2016 Stock Plan for director fees for the quarter ended December 31, 2018.
- [F2]Shares issued under the Company's 2016 Stock Plan for director fees while Mr. Calahan was an employee of StepStone Group Real Estate L.P. Since Mr. Calahan ceased to be an employee of StepStone Group Real Estate L.P. on November 30, 2018, he is discontinuing reporting of these shares with this report. StepStone Group Real Estate L.P. is 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. As Mr. Calahan's employment terms with respect to these shares provided that all director fees received by him are for the sole benefit of SREP III Flight-Investco, L.P., (continued at Footnote 3)
- [F3](Continued from Footnote 2) Mr. Calahan during the time of his employment may have been deemed a participant in the control of the voting, disposition or purchase of these shares and thus may have been deemed to share beneficial ownership of these shares. Mr. Calahan disclaims beneficial ownership of these shares and any pecuniary interest therein. The inclusion of these shares in his prior reports shall not be an admission of beneficial ownership.
- [F4]Pro-rata portion of Shares issued under the Company's 2016 Stock Plan for director fees for the quarter ended December 31, 2018.