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Summit Hotel Properties, Inc. Director's Dealing 2016

Aug 9, 2016

32657_dirs_2016-08-09_39df3b80-4af8-42db-b999-cbf08fd347e5.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: 2016-08-05

Reporting Person: Aniszewski Craig J (EVP and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-08-05 Common Stock M 235000 $9.75 Acquired 467115 Direct
2016-08-05 Common Stock F 197316 $14.02 Disposed 269799 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-08-05 Employee Stock Options (right to buy) $9.75 M 235000 Disposed 2021-02-13 CommonStock (235000) Direct

Footnotes

F1: Represents shares of Common Stock (i)withheld for the exercise price of options, which had been awarded on February 14, 2011 in connection with the Issuer's initial public offering and (ii)withheld to pay tax withholding due upon exercise of the options.