Home/Filings/4/0001209191-10-022962
4//SEC Filing

Garity Paul J 4

Accession 0001209191-10-022962

CIK 0001066138other

Filed

Apr 19, 8:00 PM ET

Accepted

Apr 20, 10:20 AM ET

Size

5.5 KB

Accession

0001209191-10-022962

Insider Transaction Report

Form 4
Period: 2010-04-19
Transactions
  • Disposition to Issuer

    Common Stock

    2010-04-19$2.50/sh8,000$20,0000 total
Footnotes (2)
  • [F1]On April 19, 2010 Lodgian, Inc. was acquired by LSREF Lodging Investments, LLC with LSREF paying $2.50 for each share of Lodgian common stock outstanding (the Merger). Dispositions by reporting person in the Merger were approved in advance by the Lodgian board of directors. The Merger is more fully described in the Lodgian Proxy Statement initially filed with the SEC on March 5, 2010.
  • [F2]In connection with the terms of the Merger, vesting was accelerated as to 4,001 shares of restricted stock held by reporting person and converted into the $2.50 per share merger consideration.

Issuer

LODGIAN INC

CIK 0001066138

Entity typeother

Related Parties

1
  • filerCIK 0001397510

Filing Metadata

Form type
4
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 10:20 AM ET
Size
5.5 KB