Service Properties Trust — Director's Dealing 2014

Jun 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HOSPITALITY PROPERTIES TRUST (NYSE: HPT)
CIK: 0000945394
Period of Report: 2014-06-06

Reporting Person: PORTNOY ADAM (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-10	Common Shares of Beneficial Interest	A	2500	—	Acquired	135499	Direct
2014-06-06	Common Shares of Beneficial Interest	A	4918.5	$29.34	Acquired	24490.35	Indirect

Footnotes

F1: Transaction reported is grant of shares pursuant to the issuer's equity compensation plan.

F2: Owned by Reit Management & Research LLC ("RMR"), of which Reit Management & Research Trust ("RMR Trust") is the sole member. Mr. Portnoy is the President and Chief Executive Officer and a director of RMR, and the President and Chief Executive Officer, a beneficial owner and a trustee of RMR Trust. These shares were issued as a portion of the management fee paid by the Issuer to RMR pursuant to a business management agreement between the Issuer and RMR (the "Management Agreement").

F3: Pursuant to the terms of the Management Agreement, the per share price amount listed above is the average of the closing prices of the Common Shares on the New York Stock Exchange for each trading day during the month of May 2014.