Daniel P. Hansen - Nov 4, 2021 Form 4 Insider Report for Summit Hotel Properties, Inc. (INN)

Role
Executive Chairman, Director
Signature
/s/ Christopher R. Eng, as Attorney-in-Fact
Stock symbol
INN
Transactions as of
Nov 4, 2021
Transactions value $
-$2,114,980
Form type
4
Date filed
11/8/2021, 07:00 PM
Previous filing
Aug 13, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INN Common Stock Sale -$68.7K -6.5K -1.84% $10.57 347K Nov 4, 2021 Through Family Company F1, F2
transaction INN Common Stock Sale -$2.05M -193K -55.75% $10.58 154K Nov 5, 2021 Through Family Company F1, F3
holding INN Common Stock 640K Nov 4, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities were sold pursuant to a Rule 10b5-1 plan entered into by the reporting person in August 2021.
F2 The securities were sold in multiple transactions at prices per share ranging from $10.50 to $10.67, inclusive. The price shown is a weighted average of the per-share prices in those transactions. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The securities were sold in multiple transactions at prices per share ranging from $10.50 to $10.93, inclusive. The price shown is a weighted average of the per-share prices in those transactions. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.