Sims Andrew 4
4 · Sotherly Hotels Inc. · Filed Mar 31, 2021
Insider Transaction Report
Form 4
Sims Andrew
DirectorChairman
Transactions
- Sale
Common Stock
2021-03-29$3.53/sh−21,000$74,180→ 391,251 total - Sale
Common Stock
2021-03-30$3.50/sh−19,000$66,420→ 372,251 total
Holdings
- 1,500
8.25% Series D Preferred Stock
- 793,937(indirect: By Partnership)
Common Stock
- 156,250(indirect: By Spouse)
Common Stock
- 27,223(indirect: By ESOP)
Common Stock
- 1,500
8.0% Series B Preferred Stock
- 1,500
7.875% Series C Preferred Stock
Footnotes (6)
- [F1]This transaction was executed in multiple trades at prices ranging from $3.51 to $3.61, 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.
- [F2]This transaction was executed in multiple trades at prices ranging from $3.41 to $3.58, 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.
- [F3]Reflects allocations under the issuer's Employee Stock Ownership Plan.
- [F4]The full security title is 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock.
- [F5]The full security title is 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock.
- [F6]The full security title is 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock.