Filing Details

Accession Number:
0001140361-12-017876
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-28 13:00:00
Reporting Period:
2012-03-26
Filing Date:
2012-03-28
Accepted Time:
2012-03-28 16:06:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1063344 Hersha Hospitality Trust HT Real Estate Investment Trusts (6798) 251811499
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1336073 R Michael Gillespie 510 Walnut Street
9Th Floor
Philadelphia PA 19106
Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Shares Of Beneficial Interest Acquisiton 2012-03-26 34,335 $0.00 118,916 No 4 A Direct
Class A Common Shares Of Beneficial Interest Disposition 2012-03-27 6,667 $5.52 112,249 No 4 S Direct
Series A Preferred Stock Disposition 2012-03-27 1,053 $25.52 947 No 4 S Indirect By Wife
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Indirect By Wife
Footnotes
  1. With respect to the common shares sold on March 27, 2012, all of which were held directly by the reporting person, the price reported in Column 4 is a weighted average price. These common shares were sold on the same day in multiple open market transactions executed by a broker-dealer at prices ranging from $5.51000 to $5.52570, inclusive. The reporting person undertakes to provide to Hersha Hospitality Trust ("Hersha"), any security holder of Hersha or the staff of the SEC, upon request, full information regarding the number of common shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
  2. With respect to the preferred shares sold on March 27, 2012, all of which were indirectly owned by the reporting person's wife, the price reported in Column 4 is a weighted average price. These preferred shares were sold in multiple transactions at prices ranging from $25.50 to $25.55, inclusive. The reporting person undertakes to provide to Hersha, any security holder of Hersha or the staff of the SEC, upon request, full information regarding the number of preferred shares sold at each separate price within the range set forth in footnote (2) to this Form 4.