Jonathan P. Stanner - Apr 8, 2022 Form 4 Insider Report for Summit Hotel Properties, Inc. (INN)

Role
President, CEO & Director, Director
Signature
/s/ Christopher R. Eng, Attorney-in-Fact
Stock symbol
INN
Transactions as of
Apr 8, 2022
Transactions value $
$0
Form type
4
Date filed
4/8/2022, 05:02 PM
Previous filing
Mar 10, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INN Common Stock Award $0 +21.1K +2.64% $0.00 821K Apr 8, 2022 Direct F1
transaction INN Common Stock Tax liability $0 -52.3K -6.38% $0.00 768K Apr 8, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents additional shares that were earned based on the Issuer's cumulative TSR performance compared to peer group for the measurement period starting March 7, 2019 and ending March 7, 2022 pursuant to a previously reported stock award agreement between Issuer and the reporting person.
F2 Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.