StepStone Group Real Estate Holdings LLC - Oct 1, 2021 Form 4 Insider Report for CONDOR HOSPITALITY TRUST, INC. (CDOR)

Signature
StepStone Group Real Estate Holdings LLC, by its partner Brendan MacDonald, /s/ Brendan MacDonald
Stock symbol
CDOR
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 01:15 PM
Previous filing
Aug 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDOR Common Stock Award $0 +1.72K +0.04% $0.00 4.19M Oct 1, 2021 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,568 and 152 shares of the Issuer's Common Stock issued under the Issuer's 2016 Stock Plan as director fees for board and committee service, as applicable, by Brendan MacDonald and Drew Iadanza, respectively, for the quarter ended September 30, 2021. Mr. MacDonald is a member of StepStone Group Real Estate Holdings LLC and Mr. Iadanza is employed by StepStone Group Real Estate LP. StepStone Group Real Estate Holdings LLC is the general manager of StepStone Group Real Estate LP, the sole member and investment manager of StepStone Rep III (GP), LLC, the general partner of SREP III Flight-Investco, L.P. The terms of Mr. MacDonald and Mr. Iadanza's employment with StepStone Group Real Estate Holdings LLC and StepStone Group Real Estate LP, respectively, provide that all director fees received by each of them is for the sole benefit of SREP III Flight-Investco, L.P. Mr. MacDonald and Mr. Iadanza, as representatives of the Reporting Person, are Directors of the Issuer.
F2 (continued from footnote 2) For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Person is deemed a Director by Deputization by virtue of its representation on the Board of Directors of the Issuer.
F3 StepStone Group Real Estate Holdings LLC is the general partner of StepStone Group Real Estate LP, the sole member and investment manager of StepStone REP III (GP), LLC, the general partner of SREP III Flight - Investco L.P., the record holder of the shares. Each of the foregoing entities other than SREP III Flight - Investco, L.P. disclaims beneficial ownership of the shares except to the extent of a pecuniary interest therein.