0001181431-14-010467.txt : 20140304
0001181431-14-010467.hdr.sgml : 20140304
20140304131416
ACCESSION NUMBER: 0001181431-14-010467
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140228
FILED AS OF DATE: 20140304
DATE AS OF CHANGE: 20140304
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sotherly Hotels Inc.
CENTRAL INDEX KEY: 0001301236
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 410 W. FRANCIS STREET
CITY: WILLIAMSBURG
STATE: VA
ZIP: 23185
BUSINESS PHONE: 757-229-5648
MAIL ADDRESS:
STREET 1: 410 W. FRANCIS STREET
CITY: WILLIAMSBURG
STATE: VA
ZIP: 23185
FORMER COMPANY:
FORMER CONFORMED NAME: Sotherly Hotel Inc.
DATE OF NAME CHANGE: 20130416
FORMER COMPANY:
FORMER CONFORMED NAME: MHI Hospitality CORP
DATE OF NAME CHANGE: 20040823
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sims Kim
CENTRAL INDEX KEY: 0001304019
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32379
FILM NUMBER: 14663646
MAIL ADDRESS:
STREET 1: 6411 IVY LANE
STREET 2: SUITE 510
CITY: GREENBELT
STATE: MD
ZIP: 20770
4
1
rrd404137.xml
FORM 4
X0306
4
2014-02-28
0
0001301236
Sotherly Hotels Inc.
SOHO
0001304019
Sims Kim
6411 IVY LANE, SUITE 510
GREENBELT
MD
20770
1
0
0
0
Operating Partnership Units
2014-02-28
4
A
0
8671
A
2015-02-28
Common Stock
8671
357687
I
By KES Family Partnership, L.L.P.
Operating Partnerships Units in Sotherly Hotels LP, Sotherly Hotels Inc.'s operating partnership.
Holders of operating partnership units of Sotherly Hotels LP may not exercise the right to have such units redeemed prior to the one year anniversary of the issuance of the units without prior approval of the board of directors.
There is no expiration to the redemption right.
Sotherly Hotels LP is required to redeem the operating partnership units in exchange for cash, or at Sotherly Hotels Inc.'s option, shares of Sotherly Hotels Inc.'s common stock. The cash redemption amount per unit is based on the market price of the common stock at the time of redemption.
/s/ Kim E. Sims
2014-03-04