Sims Andrew 4
4 · Sotherly Hotels Inc. · Filed Jan 25, 2023
Insider Transaction Report
Form 4
Sims Andrew
DirectorChairman
Transactions
- Award
Common Stock
2023-01-23+75,000→ 504,302 total
Holdings
- 1,500
8.25% Series D Preferred Stock
- 793,937(indirect: By Partnership)
Common Stock
- 1,500
8.0% Series B Preferred Stock
- 20,000(indirect: By Trust)
Common Stock
- 1,500
7.875% Series C Preferred Stock
- 156,250(indirect: By Spouse)
Common Stock
- 50,070(indirect: By ESOP)
Common Stock
Footnotes (5)
- [F1]The securities were granted pursuant to an amendment to the Reporting Person's employment agreement, dated January 23, 2023, and pursuant to the Issuer's 2022 Long-Term Incentive Plan. The securities will vest in equal amounts of 15,000 shares over a five-year period.
- [F2]Reflects allocations under the Issuer's Employee Stock Ownership Plan.
- [F3]The full security title is 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock.
- [F4]The full security title is 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock.
- [F5]The full security title is 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock.