Summit Hotel Properties 6.45% Series D Cumulative Redeemable Preferred Stock

Date Issued   6/20/2016

Shares Issued  3,000,000    Overallotment Shares  None

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   INN-D    OTC Grey Market  SMTTP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of February, May, August and November beginning on 08/31/2016

Quarterly Dividend   .403  Annual Dividend   1.6125

Securities may be redeemed, at the issuers option, as early as 06/28/2021  the call price is $25 plus accrued dividends

Dividend Payment will NOT  be Qualified Distributions

Maturity Date   None

Company Investor Relations Page for Summit Hotels Properties

The offering Prospectus and Final Pricing Document Can be Found Here