4//SEC Filing
Montgomery Samuel C. 4
Accession 0001104659-23-071687
CIK 0001745032other
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 5:27 PM ET
Size
6.1 KB
Accession
0001104659-23-071687
Insider Transaction Report
Form 4
Montgomery Samuel C.
Chief Financial Officer
Transactions
- Purchase
Series GO II Limited Units
2023-06-13$7.38/sh+6,782.9$50,058→ 6,782.9 total→ Common Stock (6,782.9 underlying)
Footnotes (2)
- [F1]The Series GO II Limited Units are a class of limited partnership units of Lodging Fund REIT III OP, LP, a Delaware limited partnership ("Operating Partnership"), of which Lodging Fund REIT III, Inc., a Maryland corporation (the "Issuer") is the general partner.
- [F2]Following the occurrence of certain events, the Series GO II Limited Units are exchangeable by the Reporting Person for, at the election of the Issuer, shares of common stock of the Issuer on a one-for-one basis or the cash value of such shares, subject to certain pro rata limitations based on the allocated net income and capital account balance, as described in the limited partnership agreement of the Operating Partnership. Series GO II Limited Units do not have an expiration date.
Documents
Issuer
Lodging Fund REIT III, Inc.
CIK 0001745032
Entity typeother
Related Parties
1- filerCIK 0001831401
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 5:27 PM ET
- Size
- 6.1 KB