Hansen Daniel P 4
4 · Summit Hotel Properties, Inc. · Filed Mar 23, 2020
Insider Transaction Report
Form 4
Hansen Daniel P
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2020-03-23−29,326→ 1,086,711 total - Disposition to Issuer
Common Stock
2020-03-23−90,967→ 995,744 total
Holdings
- 305,000(indirect: Through Family Company)
Common Stock
Footnotes (2)
- [F1]Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.
- [F2]Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.