Home/Filings/4/0001144204-11-009366
4//SEC Filing

SUMMIT HOTEL PROPERTIES, LLC 4

Accession 0001144204-11-009366

CIK 0001284609operating

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 4:53 PM ET

Size

27.5 KB

Accession

0001144204-11-009366

Insider Transaction Report

Form 4
Period: 2011-02-14
Transactions
  • Disposition to Issuer

    Class A-1 Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A-1 Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A-1 Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A Interests

    2011-02-1400 total(indirect: By LLC)
  • Disposition to Issuer

    Class A Interests

    2011-02-1400 total(indirect: By LLC)
Footnotes (20)
  • [F1]The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units.
  • [F10]Bluestem Capital Investments, LLC of its Class A-1 Interests in the issuer in exchange for 33,343 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by Bluestem Capital Investments, LLC.
  • [F11]Bluestem Capital Partners I, LLC disposed of its entire membership interest in the issuer, including approximately 3.066% of the Class A Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A Interests.
  • [F12]Bluestem Capital Partners I, LLC of its Class A Interests in the issuer in exchange for 151,710 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by Bluestem Capital Partners I, LLC.
  • [F13]Bellevue Partners, LLC disposed of its entire membership interest in the issuer, including approximately 5.359% of the Class A Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A Interests.
  • [F14]Bellevue Partners, LLC of its Class A Interests in the issuer in exchange for 250,688 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by Bellevue Partners, LLC.
  • [F15]OSandY Partners, LLC disposed of its entire membership interest in the issuer, including approximately 0.521% of the Class A Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A Interests.
  • [F16]OSandY Partners, LLC of its Class A Interests in the issuer in exchange for 38,499 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by OSandY Partners, LLC.
  • [F17]Carrier Pasta, LLC disposed of its entire membership interest in the issuer, including approximately 0.60% of the Class A Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A Interests.
  • [F18]Carrier Pasta, LLC of its Class A Interests in the issuer in exchange for 39,847 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by Carrier Pasta, LLC.
  • [F19]Bluestem Growth & Income Fund, LLC disposed of its entire membership interest in the issuer, including approximately 4.588% of the Class A Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A Interests.
  • [F2]Bluestem Select Opportunities Fund, LLC disposed of its entire membership interest in the issuer, including approximately 4.201% of the Class A-1 Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A-1 Interests.
  • [F20]Bluestem Growth & Income Fund, LLC of its Class A Interests in the issuer in exchange for 338,906 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by Bluestem Growth & Income Fund, LLC.
  • [F3]Bluestem Capital Company, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein.
  • [F4]Bluestem Select Opportunities Fund, LLC disposed of its entire membership interest in the issuer, including approximately 0.254% of the Class A Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A Interests.
  • [F5]Bluestem Select Opportunities Fund, LLC disposed of its Class A and Class A-1 Interests in the issuer in exchange for 132,571 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by Bluestem Select Opportunities Fund, LLC.
  • [F6]Bluestem Growth & Income Fund II, LLC disposed of its entire membership interest in the issuer, including approximately 6.437% of the Class A-1 Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A-1 Interests.
  • [F7]Bluestem Growth & Income Fund II, LLC disposed of its entire membership interest in the issuer, including approximately 1.262% of the Class A Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A Interests.
  • [F8]Bluestem Growth & Income Fund II, LLC disposed of its Class A and Class A-1 Interests in the issuer in exchange for 218,287 limited partnership units of Summit Hotel OP, LP. Bluestem Capital Company, LLC may be deemed to beneficially own the limited partnership units owned by Bluestem Growth & Income Fund II, LLC.
  • [F9]Bluestem Capital Investments, LLC disposed of its entire membership interest in the issuer, including approximately 1.219% of the Class A-1 Interests, pursuant to the merger agreement between the issuer and Summit Hotel OP, LP described below. Bluestem Capital Company, LLC may be deemed to beneficially own such Class A-1 Interests.

Documents

1 file

Issuer

SUMMIT HOTEL PROPERTIES, LLC

CIK 0001284609

Entity typeoperating
IncorporatedSD

Related Parties

1
  • filerCIK 0001284609

Filing Metadata

Form type
4
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:53 PM ET
Size
27.5 KB