0001209191-23-025998.txt : 20230428 0001209191-23-025998.hdr.sgml : 20230428 20230428150657 ACCESSION NUMBER: 0001209191-23-025998 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230428 FILED AS OF DATE: 20230428 DATE AS OF CHANGE: 20230428 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sims Andrew CENTRAL INDEX KEY: 0001304020 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32379 FILM NUMBER: 23864941 MAIL ADDRESS: STREET 1: 410 W. FRANCIS STREET CITY: WILLIAMSBURG STATE: VA ZIP: 23185 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: 306 SOUTH HENRY STREET STREET 2: SUITE 100 CITY: WILLIAMSBURG STATE: VA ZIP: 23185 BUSINESS PHONE: 757-229-5648 MAIL ADDRESS: STREET 1: 306 SOUTH HENRY STREET STREET 2: SUITE 100 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 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-04-28 0 0001301236 Sotherly Hotels Inc. SOHO 0001304020 Sims Andrew 306 S HENRY ST SUITE 100 WILLIAMSBURG, VA VA 23185 1 1 0 0 Chairman 0 Common Stock 2023-04-28 4 C 0 75000 A 75000 I By Jeanette I. Sims Revocable Trust Common Stock 504302 D Common Stock 793937 I By AMS Family Partnership, R.L.L.P. Common Stock 156250 I By spouse Common Stock 50070 I By ESOP 8.0% Series B Preferred Stock 1500 D 7.875% Series C Preferred Stock 1500 D 8.25% Series D Preferred Stock 1500 D Operating Partnership Units 2023-04-28 4 C 0 75000 0.00 D Common Stock 75000 252903 I By Jeanette I. Sims Revocable Trust The reporting person redeemed 75,000 units of limited partnership interest ("Units") of Sotherly Hotels LP, of which the issuer is the general partner. Units are redeemable for an equal number of shares of the issuer's Common Stock or, at the election of the issuer, cash equal to the fair market value of such shares. The issuer elected to redeem the reporting person's Units with Common Stock. Reflects allocations under the issuer's Employee Stock Ownership Plan. The full security title is 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The full security title is 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock. The full security title is 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock. Operating Partnership Units in Sotherly Hotels LP, Sotherly Hotels Inc.'s operating partnership. There is no expiration to the redemption right. /s/ Andrew M. Sims 2023-04-28