Filing Details

Accession Number:
0001140361-16-087660
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-22 21:46:29
Reporting Period:
2016-11-18
Filing Date:
2016-11-22
Accepted Time:
2016-11-22 21:46:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1581164 Extended Stay America Inc. STAY () DE
Insiders
Cik Name Reported Address Insider Title 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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Paired Shares Disposition 2016-11-18 922,915 $14.76 6,111,630 No 4 S Indirect See Footnotes
Paired Shares Disposition 2016-11-18 1,130,915 $14.76 7,489,023 No 4 S Indirect See Footnotes
Paired Shares Disposition 2016-11-18 396,170 $14.76 2,623,476 No 4 S Indirect See Footnotes
Paired Shares Disposition 2016-11-18 1,070,758 $14.76 7,935,938 No 4 S Indirect See Footnotes
Paired Shares Disposition 2016-11-18 1,070,360 $14.76 7,932,978 No 4 S Indirect See Footnotes
Paired Shares Disposition 2016-11-18 75,877 $14.76 527,204 No 4 S Indirect See Footnotes
Paired Shares Disposition 2016-11-18 8,005 $14.76 53,009 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
  1. 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 ESH Hospitality, Inc. as issuer.
  2. These Paired Shares are directly held by Centerbridge Credit Partners, L.P.
  3. These Paired Shares are directly held by Centerbridge Credit Partners TE Intermediate I, L.P.
  4. These Paired Shares are directly held by Centerbridge Credit Partners Offshore Intermediate III, L.P.
  5. These Paired Shares are directly held by Centerbridge Capital Partners AIV VI-A, L.P.
  6. These Paired Shares are directly held by Centerbridge Capital Partners AIV VI-B, L.P.
  7. These Paired Shares are directly held by Centerbridge Capital Partners Strategic AIV I, L.P.
  8. These Paired Shares are directly held by Centerbridge Capital Partners SBS, L.P.
  9. 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)
  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)
  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.
  12. 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.
  13. 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 November 14, 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 November 13, 2016.