Sotherly Hotels Inc. — Director's Dealing 2019

Jun 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sotherly Hotels Inc. (SOHO)
CIK: 0001301236
Period of Report: 2019-06-11

Reporting Person: Sims Andrew (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-11	Common Stock	S	3000	$7.5174	Disposed	389855	Direct
2019-06-12	Common Stock	S	4000	$7.5721	Disposed	385855	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	793937	Indirect
Common Stock	156250	Indirect
Common Stock	10494	Indirect

Footnotes

F1: The shares were disposed pursuant to a self-directed brokerage account option in Sotherly Hotels Inc.'s 401(k) plan.

F2: The shares were disposed pursuant to a self-directed brokerage account option in Sotherly Hotels Inc.'s 401(k) plan.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.5701 to $7.586, inclusive. The reporting person undertakes to provide to Sotherly Hotels Inc., any security holder of Sotherly Hotels Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F4: Reflects allocations under the issuer's Employee Stock Ownership Plan that have occurred since the date of the reporting person's last ownership report.