4//SEC Filing
Moyle Bernard Thomas 4
Accession 0001209191-18-006956
CIK 0001052595other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 4:53 PM ET
Size
7.0 KB
Accession
0001209191-18-006956
Insider Transaction Report
Form 4
Moyle Bernard Thomas
E.V. P. & C.O.O.
Transactions
- Award
Common Stock
2018-01-31$8.34/sh+414,000$3,452,760→ 1,104,000 total(indirect: By Corporation)
Holdings
- 46,214
Common Stock
Footnotes (4)
- [F1]On January 19, 2018, Thirty-Eight Street, Inc. ("TESI") of which the reporting person is the Chief Operating Officer and holds 50% of the outstanding shares, became entitled to receive 414,000 shares of RLH common stock pursuant to an Asset Purchase Agreement dated September 30, 2016 between RLH, Vantage Hospitality Group, Inc., and TESI. The asset purchase agreement provided TESI would become eligible to earn an additional 414,000 shares of RLH common stock, for no additional consideration, upon the attainment of certain performance criteria, specifically the retention of Vantage properties under franchise or membership license agreements during the 12 months ended September 30, 2017. The reporting person's right to receive additional shares became fixed and irrevocable on September 30, 2016, the effective date of the Vantage acquisition.
- [F2]The price is based on the closing price on September 30, 2016, the date of the Vantage acquisition.
- [F3]Represents shares held by Thirty-Eight Street, Inc., a Florida corporation ("TESI"). Mr. Moyle disclaims beneficial ownership of the portion of these shares in which he does not have any pecuniary interest. Mr. Moyle holds 50% of the outstanding shares of TESI and serves as its Chief Operating Officer.
- [F4]Amount includes total number of restricted stock units held.
Documents
Issuer
Red Lion Hotels CORP
CIK 0001052595
Entity typeother
Related Parties
1- filerCIK 0001685643
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 4:53 PM ET
- Size
- 7.0 KB