INN

SEC source: 0001104659-25-022314 · tm258793-5_4seq1.xml · derivative · entry 2

Bright Force Investment, LLC · CIK 0001905505 · 10% owner

NewcrestImage Holdings, LLC · CIK 0001905507 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,600,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · security: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

F2 · derivative.exercise_price: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

F2 · derivative.exercise_date: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

F2 · derivative.expiration_date: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

F3 · ownership.direct: Held directly by Bright Force Investment, LLC, a limited liability company wholly-owned by NewcrestImage Holdings, LLC.

SEC source: 0001104659-25-022314 · tm258793-5_4seq1.xml · nonDerivative · entry 1

Bright Force Investment, LLC · CIK 0001905505 · 10% owner

NewcrestImage Holdings, LLC · CIK 0001905507 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,600,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Shares of common stock of the Issuer issued in connection with the redemption of common units of limited partnership interest ("OP Units") in Summit Hotel OP, LP, the operating partnership of the Issuer (the "Operating Partnership").

F3 · ownership.direct: Held directly by Bright Force Investment, LLC, a limited liability company wholly-owned by NewcrestImage Holdings, LLC.

SEC source: 0001104659-25-001309 · tm252087-1_4seq1.xml · derivative · entry 3

Patel Mehulkumar Bhikhubhai · CIK 0001905508 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Sagestar Family, LLC

Disclosed balance after: 0

Underlying: Common Stock · 479,295 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · security: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

F2 · derivative.exercise_price: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

F2 · derivative.exercise_date: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

F2 · derivative.expiration_date: Represents OP Units in the Operating Partnership. Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

SEC source: 0001104659-25-001309 · tm252087-1_4seq1.xml · nonDerivative · entry 1

Patel Mehulkumar Bhikhubhai · CIK 0001905508 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Sagestar Family, LLC

Disclosed balance after: 479,295

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Shares of common stock of the Issuer issued to an entity partially owned by the reporting person in connection with the redemption of common units of limited partnership interest ("OP Units") in Summit Hotel OP, LP, the operating partnership of the Issuer (the "Operating Partnership"). The reporting person disclaims any beneficial ownership of such shares of common stock, except to the extent of his pecuniary interest therein.

SEC source: 0001104659-24-066134 · tm2415808-1_4seq1.xml · nonDerivative · entry 1

Belouizdad Amina · CIK 0001861677 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 56,132

SEC source: 0001104659-24-066156 · tm2415808-7_4seq1.xml · nonDerivative · entry 1

Storey Thomas W. · CIK 0001510368 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 187,949

SEC source: 0001104659-24-066152 · tm2415808-6_4seq1.xml · nonDerivative · entry 1

Patel Mehulkumar Bhikhubhai · CIK 0001905508 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,275

SEC source: 0001104659-24-066146 · tm2415808-5_4seq1.xml · nonDerivative · entry 1

Kay Kenneth J · CIK 0001292642 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 117,424

SEC source: 0001104659-24-066141 · tm2415808-4_4seq1.xml · nonDerivative · entry 1

JONES JEFFREY W · CIK 0001265321 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 117,424

SEC source: 0001104659-24-066138 · tm2415808-3_4seq1.xml · nonDerivative · entry 1

Taitz Hope S · CIK 0001525808 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,341

SEC source: 0001104659-24-066135 · tm2415808-2_4seq1.xml · nonDerivative · entry 1

Hanson Bjorn R.L. · CIK 0001512373 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 130,852

SEC source: 0001104659-24-063454 · tm2414992-1_4seq1.xml · nonDerivative · entry 1

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 513,727

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-24-038514 · tm249704-3_4seq1.xml · nonDerivative · entry 2

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 523,358

F2 · shares: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.

SEC source: 0001104659-24-038514 · tm249704-3_4seq1.xml · nonDerivative · entry 1

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 587,560

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-24-038513 · tm249704-2_4seq1.xml · nonDerivative · entry 2

RUIZ PAUL · CIK 0001116526 · SVP & Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 276,583

F2 · shares: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.

SEC source: 0001104659-24-038513 · tm249704-2_4seq1.xml · nonDerivative · entry 1

RUIZ PAUL · CIK 0001116526 · SVP & Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 299,930

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-24-038515 · tm249704-4_4seq1.xml · nonDerivative · entry 2

Eng Christopher R. · CIK 0001510365 · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 310,072

F2 · shares: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.

SEC source: 0001104659-24-038515 · tm249704-4_4seq1.xml · nonDerivative · entry 1

Eng Christopher R. · CIK 0001510365 · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 336,336

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-24-038512 · tm249704-1_4seq1.xml · nonDerivative · entry 2

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,426,675

F2 · shares: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.

SEC source: 0001104659-24-038512 · tm249704-1_4seq1.xml · nonDerivative · entry 1

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,572,590

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-24-033062 · tm248399-1_4seq1.xml · nonDerivative · entry 2

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 607,964

F2 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable on March 8, 2027, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 8, 2024 and ending March 8, 2027 exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.

SEC source: 0001104659-24-033062 · tm248399-1_4seq1.xml · nonDerivative · entry 1

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 496,853

F1 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on March 9, 2025 (25% of the shares granted), March 9, 2026 (25% of the shares granted) and March 9, 2027 (the remaining 50% of the shares granted).

SEC source: 0001104659-24-033063 · tm248399-2_4seq1.xml · nonDerivative · entry 2

RUIZ PAUL · CIK 0001116526 · SVP & Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 309,665

F2 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable on March 8, 2027, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 8, 2024 and ending March 8, 2027 exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.

SEC source: 0001104659-24-033063 · tm248399-2_4seq1.xml · nonDerivative · entry 1

RUIZ PAUL · CIK 0001116526 · SVP & Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 265,221

F1 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on March 9, 2025 (25% of the shares granted), March 9, 2026 (25% of the shares granted) and March 9, 2027 (the remaining 50% of the shares granted).

SEC source: 0001104659-24-033067 · tm248399-4_4seq1.xml · nonDerivative · entry 2

Eng Christopher R. · CIK 0001510365 · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 344,733

F2 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable on March 8, 2027, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 8, 2024 and ending March 8, 2027 exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.

SEC source: 0001104659-24-033067 · tm248399-4_4seq1.xml · nonDerivative · entry 1

Eng Christopher R. · CIK 0001510365 · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 298,437

F1 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on March 9, 2025 (25% of the shares granted), March 9, 2026 (25% of the shares granted) and March 9, 2027 (the remaining 50% of the shares granted).

SEC source: 0001104659-24-033065 · tm248399-3_4seq1.xml · nonDerivative · entry 2

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,636,471

F2 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable on March 8, 2027, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 8, 2024 and ending March 8, 2027 exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.

SEC source: 0001104659-24-033065 · tm248399-3_4seq1.xml · nonDerivative · entry 1

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,330,916

F1 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on March 9, 2025 (25% of the shares granted), March 9, 2026 (25% of the shares granted) and March 9, 2027 (the remaining 50% of the shares granted).

SEC source: 0001104659-23-064783 · tm2317000-8_4seq1.xml · nonDerivative · entry 1

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 422,779

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-23-064770 · tm2317000-1_4seq1.xml · nonDerivative · entry 1

Belouizdad Amina · CIK 0001861677 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,919

SEC source: 0001104659-23-064781 · tm2317000-7_4seq1.xml · nonDerivative · entry 1

Storey Thomas W. · CIK 0001510368 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 169,736

SEC source: 0001104659-23-064778 · tm2317000-6_4seq1.xml · nonDerivative · entry 1

Patel Mehulkumar Bhikhubhai · CIK 0001905508 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,062

SEC source: 0001104659-23-064774 · tm2317000-5_4seq1.xml · nonDerivative · entry 1

Kay Kenneth J · CIK 0001292642 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,211

SEC source: 0001104659-23-064773 · tm2317000-4_4seq1.xml · nonDerivative · entry 1

JONES JEFFREY W · CIK 0001265321 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,211

SEC source: 0001104659-23-064772 · tm2317000-3_4seq1.xml · nonDerivative · entry 1

Taitz Hope S · CIK 0001525808 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 81,128

SEC source: 0001104659-23-064771 · tm2317000-2_4seq1.xml · nonDerivative · entry 1

Hanson Bjorn R.L. · CIK 0001512373 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,639

SEC source: 0001104659-23-040989 · tm2311364-4_4seq1.xml · nonDerivative · entry 1

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 430,307

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-23-040985 · tm2311364-3_4seq1.xml · nonDerivative · entry 2

RUIZ PAUL · CIK 0001116526 · SVP & Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 235,591

F2 · shares: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.

SEC source: 0001104659-23-040985 · tm2311364-3_4seq1.xml · nonDerivative · entry 1

RUIZ PAUL · CIK 0001116526 · SVP & Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 244,972

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-23-040982 · tm2311364d2_4seq1.xml · nonDerivative · entry 2

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,127,212

F2 · shares: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.

SEC source: 0001104659-23-040982 · tm2311364d2_4seq1.xml · nonDerivative · entry 1

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,153,009

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-23-040980 · tm2311364-1_4seq1.xml · nonDerivative · entry 2

Eng Christopher R. · CIK 0001510365 · EVP, G.C., CRO & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 267,573

F2 · shares: Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.

SEC source: 0001104659-23-040980 · tm2311364-1_4seq1.xml · nonDerivative · entry 1

Eng Christopher R. · CIK 0001510365 · EVP, G.C., CRO & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 278,126

F1 · shares: Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.

SEC source: 0001104659-23-034536 · tm2310001-2_4seq1.xml · nonDerivative · entry 1

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,217,705

F1 · shares: This is the weighted-average price. These shares were purchased in multiple transactions at prices ranging from $6.88 to $6.92, inclusive. The reporting person undertakes to provide to Summit Hotel Properties, Inc., any security holder of Summit Hotel Properties, Inc. or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001104659-23-034522 · tm2310001-1_4seq1.xml · nonDerivative · entry 1

Taitz Hope S · CIK 0001525808 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 64,965

SEC source: 0001104659-23-031281 · tm239150-1_4seq1.xml · nonDerivative · entry 2

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 439,597

F2 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable on March 8, 2026, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 8, 2023 and ending March 8, 2026 exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.

SEC source: 0001104659-23-031281 · tm239150-1_4seq1.xml · nonDerivative · entry 1

Conkling William Higgins · CIK 0001861105 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 346,333

F1 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on March 9, 2024 (25% of the shares granted), March 9, 2025 (25% of the shares granted) and March 9, 2026 (the remaining 50% of the shares granted).

SEC source: 0001104659-23-031289 · tm239150-2_4seq1.xml · nonDerivative · entry 2

RUIZ PAUL · CIK 0001116526 · SVP and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,478

F2 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable on March 8, 2026, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 8, 2023 and ending March 8, 2026 exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.

SEC source: 0001104659-23-031289 · tm239150-2_4seq1.xml · nonDerivative · entry 1

RUIZ PAUL · CIK 0001116526 · SVP and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,172

F1 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on March 9, 2024 (25% of the shares granted), March 9, 2025 (25% of the shares granted) and March 9, 2026 (the remaining 50% of the shares granted).

SEC source: 0001104659-23-031299 · tm239150-4_4seq1.xml · nonDerivative · entry 2

Stanner Jonathan P · CIK 0001704002 · Director · President, CEO & Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,195,835

F2 · shares: Represents shares of restricted common stock granted to the reporting person under the Issuer's 2011 Equity Incentive Plan as amended and restated effective May 13, 2021. The restricted shares shall become vested and nonforfeitable on March 8, 2026, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 8, 2023 and ending March 8, 2026 exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.