Andrew Sims - Mar 29, 2023 Form 4 Insider Report for Sotherly Hotels Inc. (SOHO)

Role
Chairman, Director
Signature
/s/ Andrew M. Sims
Stock symbol
SOHO
Transactions as of
Mar 29, 2023
Transactions value $
-$39,660
Form type
4
Date filed
3/30/2023, 04:26 PM
Previous filing
Jan 25, 2023
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOHO Common Stock Sale -$39.7K -20K -100% $1.98 0 Mar 29, 2023 By Jeanette I. Sims Revocable Trust F1
holding SOHO Common Stock 504K Mar 29, 2023 Direct
holding SOHO Common Stock 794K Mar 29, 2023 By AMS Family Partnership, R.L.L.P.
holding SOHO Common Stock 156K Mar 29, 2023 By spouse
holding SOHO Common Stock 50.1K Mar 29, 2023 By ESOP F2
holding SOHO 8.0% Series B Preferred Stock 1.5K Mar 29, 2023 Direct F3
holding SOHO 7.875% Series C Preferred Stock 1.5K Mar 29, 2023 Direct F4
holding SOHO 8.25% Series D Preferred Stock 1.5K Mar 29, 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $1.95 to $2.04, inclusive; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F2 Reflects allocations under the Issuer's Employee Stock Ownership Plan.
F3 The full security title is 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock.
F4 The full security title is 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock.
F5 The full security title is 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock.