Kevin A. Henry - 16 Jun 2021 Form 4 Insider Report for Extended Stay America, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
21 Jun 2021, 17:08:00 UTC
Next SEC filing
03 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Christopher Dekle, Attorney-in-Fact for Kevin A. Henry

Key filing fact

Kevin A. Henry filed Form 4 for Extended Stay America, Inc. on 21 Jun 2021.

Key facts

  • This page summarizes Kevin A. Henry's Form 4 filing for Extended Stay America, Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 21 Jun 2021, 17:08.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$4,136,606.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STAY transaction

Paired Shares

Award

Transaction value
$0
Shares
+82,951
Change %
+60%
Price
$0.000000
Shares after
220,619
Date
16 Jun 2021
Ownership
Direct
Footnotes
F1, F2
STAY transaction

Paired Shares

Disposed to Issuer

Transaction value
$4,136,606
Shares
-220,619
Change %
-100%
Price
$18.75
Shares after
0
Date
16 Jun 2021
Ownership
Direct
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kevin A. Henry is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B common stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit. This Form 4 is being filed in connection with the merger ("Merger") of a wholly-owned subsidiary of Eagle Parent Holdings L.P. ("Eagle") with and into the Issuer, pursuant to the terms of the certain Agreement and Plan of Merger, dated as of March 14, 2021 (the "Merger Agreement"), between the Issuer and Eagle. The Merger closed on June 16, 2021.

Footnote F2

Reflects performance-based restricted stock units previously awarded to the reporting person that vested and settled into Paired Shares pursuant to the terms of the Merger Agreement.

Footnote F3

Each Paired Share held directly or indirectly by the reporting person at the effective time of the Merger was disposed of for $18.75 in cash, pursuant to the terms of the Merger Agreement. This price does not include the special dividend of $1.75 per Paired Share that the reporting person has the right to receive in connection with the consummation of the Merger.

SEC remarks

Mr. Henry is the Executive Vice President and Chief Human Resources Officer of Extended Stay America, Inc.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .