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