Apple Hospitality REIT, Inc. 4
4 · Apple Hospitality REIT, Inc. · Filed Sep 6, 2016
Insider Transaction Report
Form 4
PEERY BRYAN
Executive Vice President & CFO
Transactions
- Award
Common Shares
2016-09-01+95,138→ 246,802 total
Footnotes (1)
- [F1]Received in exchange for 15,045 Series B Preferred Shares of Apple REIT Ten, Inc. ("Apple Ten") in connection with the merger of Apple Ten into a wholly-owned subsidiary of the issuer (the "Merger") along with approximately an aggregate of $182,259 in cash consideration. There was no active trading market for Apple Ten Series B Preferred Shares as of the date of the Merger. Apple Hospitality common shares had a closing market value of $18.94 per share on the effective date of the Merger.