Sotherly Hotels Inc. 4
4 · Sotherly Hotels Inc. · Filed Dec 15, 2016
Insider Transaction Report
Form 4
Folsom David R
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
2016-12-14$6.37/sh+5,600$35,697→ 268,891 total - Purchase
Common Stock
2016-12-15$6.35/sh+1,300$8,257→ 270,191 total
Footnotes (4)
- [F1]The shares were acquired pursuant to a self-directed brokerage account option in Sotherly Hotels Inc.'s 401(k) plan.
- [F2]The purchases were made in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended.
- [F3]This transaction was executed in multiple trades at prices ranging from $6.365 to $6.4199, inclusive; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- [F4]This transaction was executed in multiple trades at prices ranging from $6.3196 to $6.38, inclusive; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.