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