Sotherly Hotels Inc. — Director's Dealing 2011

Oct 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MHI Hospitality CORP (MDH)
CIK: 0001301236
Period of Report: 2011-10-03

Reporting Person: Sims Kim (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-03	Common Stock	C	50000	—	Acquired	110250	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-03	Operating Partnership Units	$	C	50000	Disposed		Common Stock (50000)	Indirect

Footnotes

F1: Operating Partnership Units in MHI Hospitality, L.P., MHI Hospitality Corporation's operating partnership.

F2: MHI Hospitality, L.P. has redeemed the operating partnership units in exchange for shares of MHI Hospitality Corporation's common stock.

F3: There is no expiration to the redemption right.