Scott M. Kucinski - 23 Jan 2023 Form 4 Insider Report for Sotherly Hotels Inc. (SOHO)

Role
EVP & Chief Operating Officer
Signature
/s/ Scott M. Kucinski
Issuer symbol
SOHO
Transactions as of
23 Jan 2023
Net transactions value
$0
Form type
4
Filing time
25 Jan 2023, 15:03:31 UTC
Previous filing
24 May 2022
Next filing
19 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOHO Common Stock Award +28,000 +39% 99,750 23 Jan 2023 Direct F1
holding SOHO Common Stock 40,751 23 Jan 2023 By ESOP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities were granted pursuant to an amendment to the Reporting Person's employment agreement, dated January 23, 2023, and pursuant to the Issuer's 2022 Long-Term Incentive Plan. The securities will vest in equal amounts of 5,600 shares over a five-year period.
F2 Reflects allocations under the issuer's Employee Stock Ownership Plan.