4//SEC Filing
Folsom David R 4
Accession 0001209191-20-000556
CIK 0001301236other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 11:09 AM ET
Size
6.0 KB
Accession
0001209191-20-000556
Insider Transaction Report
Form 4
Folsom David R
Chief Operating Officer
Transactions
- Award
Common Stock
2020-01-01+30,000→ 291,674 total
Holdings
- 16,805(indirect: By ESOP)
Common Stock
Footnotes (2)
- [F1]The securities were granted pursuant to the Reporting Person's Employment Agreement, dated as of January 1, 2020. Subject to accelerated vesting in certain circumstances, the securities will vest in equal amounts of 6,000 shares over a five-year period beginning with the first installment vesting on the date of execution of a new or successor agreement, and subsequent installments vesting on each anniversary of such execution.
- [F2]Reflects allocations under the issuer's Employee Stock Ownership Plan.
Documents
Issuer
Sotherly Hotels Inc.
CIK 0001301236
Entity typeother
Related Parties
1- filerCIK 0001350120
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 11:09 AM ET
- Size
- 6.0 KB