HERSHA HOSPITALITY TRUST 4
4 · HERSHA HOSPITALITY TRUST · Filed Jul 3, 2007
Insider Transaction Report
Form 4
DESFOR DAVID L
Treasurer & Corp. Secretary
Transactions
- Other
Partnership Units
2007-07-02$12.01/sh+16,816$201,960→ 149,602 totalFrom: 2007-07-02→ Common Shares of Beneficial Interest (16,816 underlying)
Footnotes (3)
- [F1]Partnership Units in Hersha Hospitality Limited Partnership are redeemable for Common Shares of Beneficial Interest in Hersha Hospitality Trust on a one for one basis.
- [F2]The Partnership Units were acquired as consideration for the sale of membership interests in Hersha Norwich Associates, LLC, the owner of a 50% interest in an entity that owns the land and improvements of a Holiday Inn located in Norwich, Connecticut to Hersha Hospitality Limited Partnership.
- [F3]None.