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4//SEC Filing

Maple Corey R. 4

Accession 0001104659-23-129762

CIK 0001745032other

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 5:21 PM ET

Size

9.1 KB

Accession

0001104659-23-129762

Insider Transaction Report

Form 4
Period: 2022-03-28
Maple Corey R.
DirectorCHAIRMAN, CEO, SECRETARY
Transactions
  • Purchase

    Series GO II Limited Units

    2023-12-22$7.37/sh+44,082.3$324,88744,082.3 total
    Common Stock (44,082.3 underlying)
  • Purchase

    Series GO LP Units

    2022-03-28$6.51/sh+15,361$100,00015,361.1 total
    Common Stock (15,361 underlying)
Footnotes (4)
  • [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.
  • [F3]The Series GO LP 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.
  • [F4]Following the occurrence of certain events, the Series GO LP 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 as described in the limited partnership agreement of the Operating Partnership. Series GO LP Units do not have an expiration date.

Issuer

Lodging Fund REIT III, Inc.

CIK 0001745032

Entity typeother

Related Parties

1
  • filerCIK 0001789533

Filing Metadata

Form type
4
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 5:21 PM ET
Size
9.1 KB