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Filing Details

Accession Number:: 0001140361-16-090416
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-12-20 20:03:01
Reporting Period:: 2016-12-16

Filing Date:: 2016-12-20
Accepted Time:: 2016-12-20 20:03:01
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1507563	Esh Hospitality Inc.	NONE	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1425711	Centerbridge Associates, L.p.	375 Park Avenue, 12Th Floor New York NY 10152	No	No	Yes	No
1425800	Jeffrey Aronson	375 Park Avenue, 12Th Floor New York NY 10152	No	No	Yes	No
1426126	T Mark Gallogly	375 Park Avenue, 12Th Floor New York NY 10152	No	No	Yes	No
1484833	Centerbridge Credit Partners General Partner, L.p.	375 Park Avenue, 12Th Floor New York NY 10152	No	No	Yes	No
1484834	Centerbridge Credit Partners Offshore General Partner, L.p.	375 Park Avenue, 12Th Floor New York NY 10152	No	No	Yes	No
1667800	Centerbridge Credit Cayman Gp, Ltd.	375 Park Avenue, 12Th Floor New York NY 10152	No	No	Yes	No
1667816	Ltd. Gp Cayman Centerbridge	375 Park Avenue, 12Th Floor New York NY 10152	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Paired Shares	Disposition	2016-12-16	860,759	$16.41	5,250,871	No	4	S	Indirect	See Footnotes
Paired Shares	Disposition	2016-12-16	1,054,751	$16.41	6,434,272	No	4	S	Indirect	See Footnotes
Paired Shares	Disposition	2016-12-16	369,489	$16.41	2,253,987	No	4	S	Indirect	See Footnotes
Paired Shares	Disposition	2016-12-16	1,006,079	$16.41	6,818,961	No	4	S	Indirect	See Footnotes
Paired Shares	Disposition	2016-12-16	1,005,703	$14.76	6,816,419	No	4	S	Indirect	See Footnotes
Paired Shares	Disposition	2016-12-16	70,753	$16.41	453,205	No	4	S	Indirect	See Footnotes
Paired Shares	Disposition	2016-12-16	7,466	$16.41	45,543	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Footnotes

Each Paired Share is comprised of one share of common stock, par value $0.01 per share, of Extended Stay America, Inc. and one share of Class B Common Stock, par value $0.01 per share, of ESH Hospitality, Inc., which shares are paired and traded as a single unit. A Form 4 reflecting the holdings of Paired Shares by the Reporting Persons shown on this Form 4 has been concurrently filed with respect to Extended Stay America, Inc. as issuer.
These Paired Shares are directly held by Centerbridge Credit Partners, L.P.
These Paired Shares are directly held by Centerbridge Credit Partners TE Intermediate I, L.P.
These Paired Shares are directly held by Centerbridge Credit Partners Offshore Intermediate III, L.P.
These Paired Shares are directly held by Centerbridge Capital Partners AIV VI-A, L.P.
These Paired Shares are directly held by Centerbridge Capital Partners AIV VI-B, L.P.
These Paired Shares are directly held by Centerbridge Capital Partners Strategic AIV I, L.P.
These Paired Shares are directly held by Centerbridge Capital Partners SBS, L.P.
Centerbridge Credit Partners General Partner, L.P. is the general partner of Centerbridge Credit Partners, L.P. and Centerbridge Credit Partners TE Intermediate I, L.P. Centerbridge Credit Partners Offshore General Partner, L.P. is the general partner of Centerbridge Credit Partners Offshore Intermediate III, L.P. Centerbridge Credit Cayman GP Ltd. is the general partner of Centerbridge Credit Partners General Partner, L.P. and Centerbridge Credit Partners Offshore General Partner, L.P. Centerbridge Associates, L.P. is the general partner of Centerbridge Capital Partners AIV VI-A, L.P., Centerbridge Capital Partners AIV VI-B, L.P. and Centerbridge Capital Partners Strategic AIV I, L.P. Centerbridge Cayman GP Ltd. is the general partner of Centerbridge Associates, L.P. CCP SBS GP, LLC is the general partner of Centerbridge Capital Partners SBS, L.P. (continued in Footnote 10)
(continued from Footnote 9) Jeffrey H. Aronson and Mark T. Gallogly, the managing members of CCP SBS GP, LLC and the directors of Centerbridge Credit Cayman GP Ltd. and Centerbridge Cayman GP Ltd., share the power to vote and invest the Paired Shares and shares of voting preferred stock held by Centerbridge Credit Partners, L.P., Centerbridge Credit Partners TE Intermediate I, L.P., Centerbridge Credit Partners Offshore Intermediate III, L.P., Centerbridge Capital Partners AIV VI-A, L.P., Centerbridge Capital Partners AIV VI-B, L.P., Centerbridge Capital Partners Strategic AIV I, L.P. and Centerbridge Capital Partners SBS, L.P. (continued in Footnote 11)
(continued from Footnote 10) Each of the Centerbridge entities (other than the Centerbridge entities that directly hold Paired Shares to the extent of their direct holdings) and Messrs. Gallogly and Aronson may be deemed to beneficially own the Paired Shares and shares of Preferred Stock beneficially owned by such direct holders directly or indirectly controlled by it or him, but each disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
Due to the limitations of the Securities and Exchange Commission's EDGAR system, Centerbridge Credit Partners, L.P., Centerbridge Credit Partners TE Intermediate I, L.P., Centerbridge Credit Partners Offshore Intermediate III, L.P., Centerbridge Capital Partners AIV VI-A LP, Centerbridge Capital Partners AIV VI-B LP, Centerbridge Capital Partners Strategic AIV I, L.P. and Centerbridge Capital Partners SBS, L.P. have filed a separate Form 4.
The Reporting Persons, as selling shareholders, sold Paired Shares in the aggregate amounts shown in the table above concurrently in (a) a secondary offering of Paired Shares by certain selling shareholders in an underwritten offering pursuant to an underwriting agreement (the "Underwriting Agreement") and prospectus supplement, each dated December 12, 2016, and (b) a share repurchase by Extended Stay America, Inc. and ESH Hospitality, Inc. pursuant to a share repurchase agreement (the "Share Repurchase Agreement"), dated December 7, 2016.