Apple REIT Seven, Inc. 4
4 · Apple REIT Seven, Inc. · Filed Mar 4, 2014
Insider Transaction Report
Form 4
Bunting Glenn W Jr
Director
Transactions
- Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−2,317→ 0 totalExercise: $11.00From: 2006-12-01Exp: 2016-06-01→ Units (2,317 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−18,699→ 0 totalExercise: $11.00From: 2009-12-01Exp: 2019-06-01→ Units (18,699 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−5,500→ 0 totalExercise: $11.00From: 2006-10-21Exp: 2016-04-21→ Units (5,500 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−11,204→ 0 totalExercise: $11.00From: 2007-12-01Exp: 2017-06-01→ Units (11,204 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−18,556→ 0 totalExercise: $11.00From: 2010-12-01Exp: 2020-06-01→ Units (18,556 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−18,301→ 0 totalExercise: $11.00From: 2011-12-01Exp: 2021-06-01→ Units (18,301 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−18,168→ 0 totalExercise: $11.00From: 2012-12-01Exp: 2022-06-01→ Units (18,168 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−18,506→ 0 totalExercise: $11.00From: 2008-12-02Exp: 2018-06-02→ Units (18,506 underlying) - Disposition to Issuer
Non-Employee Directors Stock Option Plan
2014-03-01−18,105→ 0 totalExercise: $11.00From: 2013-12-03Exp: 2023-06-03→ Units (18,105 underlying)
Footnotes (10)
- [F1]Consisting of One Common Share and One Series A Preferred Share
- [F10]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 18,105 common shares of Apple Nine for $11.00 per share.
- [F2]Pursuant to the Merger Agreement dated August 7, 2013, as amended, between the issuer, Apple REIT Eight, Inc., Apple REIT Nine, Inc. (now called Apple Hospitality REIT, Inc.) ("Apple Nine") and two wholly owned subsidiaries of Apple Nine, (the "Merger Agreement"), this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 5,500 common shares of Apple Nine for $11.00 per share.
- [F3]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 2,317 common shares of Apple Nine for $11.00 per share.
- [F4]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 11,204 common shares of Apple Nine for $11.00 per share.
- [F5]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 18,699 common shares of Apple Nine for $11.00 per share.
- [F6]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 18,556 common shares of Apple Nine for $11.00 per share.
- [F7]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 18,301 common shares of Apple Nine for $11.00 per share.
- [F8]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 18,168 common shares of Apple Nine for $11.00 per share.
- [F9]Pursuant to the Merger Agreement, this option was assumed by Apple Nine in the merger of the issuer and a subsidiary of Apple Nine and replaced with an option to purchase 18,506 common shares of Apple Nine for $11.00 per share.