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Summit Hotel Properties, Inc. Director's Dealing 2015

Jan 6, 2015

32657_dirs_2015-01-05_120dd4e7-6d09-4dc2-81a4-5830b05458cf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Summit Hotel Properties, Inc. (INN)
CIK: 0001497645
Period of Report: 2015-01-01

Reporting Person: Boekelheide Kerry W (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-01-05 Common Stock F 15500 Disposed 1590535 Direct
2015-01-01 Common Stock D 18316 Disposed 1572219 Direct

Footnotes

F1: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

F2: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan that were forfeited as a result of performance metrics not being met.