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Summit Hotel Properties, Inc. Director's Dealing 2020

Mar 24, 2020

32657_dirs_2020-03-23_98e6d3f7-0323-4b73-915b-087465412b4b.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: 2020-03-23

Reporting Person: Stanner Jonathan P (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-23 Common Stock F 10340 Disposed 315846 Direct
2020-03-23 Common Stock D 30322 Disposed 285524 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 As Amended and Restated that were forfeited as a result of performance metrics not being met.