4//SEC Filing
Alderman James G 4
Accession 0001140361-18-010570
CIK 0001581164other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:15 PM ET
Size
7.6 KB
Accession
0001140361-18-010570
Insider Transaction Report
Form 4
Alderman James G
See Remarks
Transactions
- Award
Paired Shares
2018-02-23+10,691→ 52,952 total - Award
Paired Shares
2018-02-23+2,484→ 55,436 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. A Form 4 reflecting the transactions in Paired Shares by the reporting person shown on this Form 4 has been concurrently filed with respect to ESH Hospitality, Inc. as issuer.
- [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 February 23, 2019, February 23, 2020 and February 23, 2021. Vested Restricted Stock Units will be settled in Paired Shares on the 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 vesting of performance-vesting Restricted Stock Units awarded on February 21, 2017, based on the achievement of a cumulative EBITDA target for the 2017 calendar year.
Documents
Issuer
Extended Stay America, Inc.
CIK 0001581164
Entity typeother
Related Parties
1- filerCIK 0001698722
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 6:15 PM ET
- Size
- 7.6 KB