Jackson Hsieh - 28 Nov 2023 Form 4 Insider Report for HERSHA HOSPITALITY TRUST

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Nov 2023, 16:30:14 UTC
Prior SEC filing
23 Jun 2023
Next SEC filing
08 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ashish R. Parikh

Key filing fact

Jackson Hsieh filed Form 4 for HERSHA HOSPITALITY TRUST on 28 Nov 2023.

Key facts

  • This page summarizes Jackson Hsieh's Form 4 filing for HERSHA HOSPITALITY TRUST.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 28 Nov 2023, 16:30.

Change

  • Previous filing in this sequence was filed on 23 Jun 2023.
  • Current net transaction value: $0.

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.

HT transaction

Class A Common Shares of Beneficial Interest

Disposed to Issuer

Transaction value
Shares
-166,815
Change %
-100%
Price
Shares after
0
Date
28 Nov 2023
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 1 footnote

Footnote F1

Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated August 27, 2023, by and among 1776 Portfolio Investment, LLC ("Parent"), 1776 Portfolio REIT Merger Sub, LLC, 1776 Portfolio OP Merger Sub, LP, Hersha Hospitality Limited Partnership, and the Issuer, the Issuer and the OP became subsidiaries of Parent upon consummation of the transactions contemplated by the Merger Agreement (the "Effective Time"). At the Effective Time, (a) each outstanding share of common stock was cancelled and converted into the right to receive $10.00 in cash (the "Merger Consideration"), without interest, and (b) each outstanding award of restricted common shares vested and was cancelled and converted into the right to receive the Merger Consideration.

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 .