Kapila K. Anand - Jun 16, 2021 Form 4 Insider Report for Extended Stay America, Inc. (STAY)

Role
Director
Signature
/s/ Christopher Dekle, Attorney-in-Fact for Kapila K. Anand
Stock symbol
STAY
Transactions as of
Jun 16, 2021
Transactions value $
-$796,894
Form type
4
Date filed
6/17/2021, 09:59 PM
Previous filing
Jun 9, 2021
Next filing
Jul 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STAY Paired Shares Sale -$769K -41K -100% $18.75 0 Jun 16, 2021 Direct F1, F2
transaction STAY Paired Shares Sale -$28.1K -1.5K -100% $18.75 0 Jun 16, 2021 See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kapila K. Anand is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B common stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit.
F2 All Paired Shares held directly or indirectly by the reporting person were disposed upon completion of the merger ("Merger") of a wholly-owned subsidiary of Eagle Parent Holdings L.P. ("Eagle") with and into the Issuer, effective June 16, 2021. This price does not include the special dividend of $1.75 per Paired Share that the reporting person has the right to receive in connection with the consummation of the Merger.
F3 These Paired Shares are held through an individual retirement account for which the reporting person is a fiduciary.