4//SEC Filing
Extended Stay America, Inc. 4
Accession 0001140361-16-054860
CIK 0001581164operating
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 4:16 PM ET
Size
7.4 KB
Accession
0001140361-16-054860
Insider Transaction Report
Form 4
BUOY M THOMAS
See Remarks
Transactions
- Award
Paired Shares
2016-02-24+5,722→ 108,469 total - Award
Paired Shares
2016-02-24+1,131→ 109,600 total
Footnotes (3)
- [F1]Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B common stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit.
- [F2]The reported transaction is an award of Restricted Stock Units in respect of Paired Shares. Subject to the reporting person's continued employment through the applicable vesting date, these Restricted Stock Units are scheduled to vest annually over a three-year period such that one-third of the Restricted Stock Units will vest on each of March 12, 2017, March 12, 2018 and March 12, 2019. Vested Restricted Stock Units will be settled in Paired Shares on March 15th next following the applicable vesting date (or, in any year when the 15th of March falls on a non-business day, the business day immediately prior to such date).
- [F3]The reported transaction is the grant of performance-vesting Restricted Stock Units which vested based on the achievement of a cumulative EBITDA target for the 2015 calendar year.
Documents
Issuer
Extended Stay America, Inc.
CIK 0001581164
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001581164
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 4:16 PM ET
- Size
- 7.4 KB