0001193125-13-028344.txt : 20130129 0001193125-13-028344.hdr.sgml : 20130129 20130129172204 ACCESSION NUMBER: 0001193125-13-028344 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130129 DATE AS OF CHANGE: 20130129 GROUP MEMBERS: HG VORA SPECIAL OPPORTUNITIES MASTER FUND, LTD. GROUP MEMBERS: PARAG VORA SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Chatham Lodging Trust CENTRAL INDEX KEY: 0001476045 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 271200777 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85448 FILM NUMBER: 13556292 BUSINESS ADDRESS: STREET 1: 50 COCOANUT ROW STREET 2: SUITE 200 CITY: PALM BEACH STATE: FL ZIP: 33480 BUSINESS PHONE: (561) 802-4477 MAIL ADDRESS: STREET 1: 50 COCOANUT ROW STREET 2: SUITE 200 CITY: PALM BEACH STATE: FL ZIP: 33480 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HG Vora Capital Management, LLC CENTRAL INDEX KEY: 0001525362 IRS NUMBER: 264369896 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 870 SEVENTH AVENUE STREET 2: SECOND FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212) 707-4300 MAIL ADDRESS: STREET 1: 870 SEVENTH AVENUE STREET 2: SECOND FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G 1 d476168dsc13g.htm SC 13G SC 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Chatham Lodging Trust

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

16208T102

(CUSIP Number)

January 29, 2013

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP NO.: 16208T102

 

  (1)   

NAME OF REPORTING PERSON:

 

HG Vora Special Opportunities Master Fund, Ltd.

  (2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  (3)  

SEC USE ONLY

 

  (4)  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

   (5)    

SOLE VOTING POWER:

 

0

   (6)   

SHARED VOTING POWER:

 

1,300,000

   (7)   

SOLE DISPOSITIVE POWER:

 

0

   (8)   

SHARED DISPOSITIVE POWER:

 

1,300,000

  (9)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

1,300,000

(10)  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

(11)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

 

7.0%

(12)  

TYPE OF REPORTING PERSON:

 

OO (Cayman Islands exempted company)

 

 

Page 2 of 10


CUSIP NO.: 16208T102

 

  (1)   

NAME OF REPORTING PERSON:

 

HG Vora Capital Management, LLC

  (2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  (3)  

SEC USE ONLY

 

  (4)  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

   (5)    

SOLE VOTING POWER:

 

0

   (6)   

SHARED VOTING POWER:

 

1,300,000

   (7)   

SOLE DISPOSITIVE POWER:

 

0

   (8)   

SHARED DISPOSITIVE POWER:

 

1,300,000

  (9)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

1,300,000

(10)  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

(11)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

 

7.0%

(12)  

TYPE OF REPORTING PERSON:

 

PN

 

 

Page 3 of 10


CUSIP NO.: 16208T102

 

  (1)   

NAME OF REPORTING PERSON:

 

Parag Vora

  (2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  (3)  

SEC USE ONLY

 

  (4)  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

   (5)    

SOLE VOTING POWER:

 

0

   (6)   

SHARED VOTING POWER:

 

1,300,000

   (7)   

SOLE DISPOSITIVE POWER:

 

0

   (8)   

SHARED DISPOSITIVE POWER:

 

1,300,000

  (9)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

1,300,000

(10)  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ¨

 

(11)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

 

7.0%

(12)  

TYPE OF REPORTING PERSON:

 

IN

 

 

Page 4 of 10


Item 1.    (a)   Name of Issuer
     Chatham Lodging Trust (the “Issuer”)
   (b)   Address of principal executive offices
     50 Cocoanut Row, Suite 216
     Palm Beach, Florida 33480
Item 2.    (a)   Name of Person Filing
     This statement is filed by:

    (i) HG Vora Special Opportunities Master Fund, Ltd., a Cayman Islands exempted company (the “Fund”);

    (ii) HG Vora Capital Management, LLC, a Delaware limited liability company (the “Investment Manager”); and

    (iii) Parag Vora, an individual (“Mr. Vora”).

    The foregoing persons hereinafter sometimes are collectively referred to as the “Reporting Persons”. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The Reporting Persons’ agreement in writing to file this statement on behalf of each of them is attached as Exhibit 1 hereto.

 

   (b)   Address of principal executive offices

The business office address of the Fund is Queensgate House, South Church Street, Grand Cayman, KY1-1108, Cayman Islands, and the business office address of the Investment Manager and Mr. Vora is 870 Seventh Avenue, Second Floor, New York, NY 10019.

 

   (c)   Citizenship

    The Fund is a Cayman Islands exempted company, the Investment Manager is a Delaware limited liability company, and Mr. Vora is a United States citizen.

 

   (d)   Title of Class of Securities

    Common Stock, $0.01 par value per share (the “Common Stock”).

 

   (e)   CUSIP Number

    16208T102

 

Item 3.

     Not applicable.

 

Page 5 of 10


Item 4. Ownership.

 

  A. HG Vora Special Opportunities Master Fund, Ltd.

 

  (a) Amount beneficially owned:

As of January 29, 2013, directly owned: 1,300,000 shares of Common Stock.

 

  (b) Percent of class:

7.0%. The percentages used herein and in the balance of this Item 4 are rounded to the nearest tenth and based on 17,408,907 shares of the Issuer’s Common Stock outstanding according to the Issuer’s final prospectus supplement filed on January 10, 2013 pursuant to Rule 424(b)(5) under the Investment Company Act of 1940, as amended.

 

  (c) Number of shares as to which the person has:

 

  (i) Sole power to vote or to direct the vote: 0

 

  (ii) Shared power to vote or to direct the vote: 1,300,000

 

  (iii) Sole power to dispose or to direct the disposition of: 0

 

  (iv) Shared power to dispose or to direct the disposition of: 1,300,000

 

  B. HG Vora Capital Management, LLC

 

  (a) Amount beneficially owned:

As of January 29, 2013, may be deemed to have beneficially owned: 1,300,000 shares of Common Stock.

 

  (b) Percent of class:

7.0%.

 

  (c) Number of shares as to which the person has:

 

  (i) Sole power to vote or to direct the vote: 0

 

  (ii) Shared power to vote or to direct the vote: 1,300,000

 

  (iii) Sole power to dispose or to direct the disposition of: 0

 

  (iv) Shared power to dispose or to direct the disposition of: 1,300,000

 

Page 6 of 10


  C. Parag Vora

 

  (a) Amount beneficially owned:

As of January 29, 2013, may be deemed to have beneficially owned: 1,300,000 shares of Common Stock.

 

  (b) Percent of class:

7.0%.

 

  (c) Number of shares as to which the person has:

 

  (i) Sole power to vote or to direct the vote: 0

 

  (ii) Shared power to vote or to direct the vote: 1,300,000

 

  (iii) Sole power to dispose or to direct the disposition of: 0

 

  (iv) Shared power to dispose or to direct the disposition of: 1,300,000

 

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof, the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

 

Item 8. Identification and Classification of Members of the Group.

Not applicable.

 

Item 9. Notice of Dissolution of Group.

Not applicable.

 

Page 7 of 10


Item 10. Certification.

Each of the Reporting Persons hereby makes the following certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Page 8 of 10


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

January 29, 2013

 

HG VORA SPECIAL OPPORTUNITIES MASTER FUND, LTD.
By:  

/s/

Name: Parag Vora

Title: Director

 

HG VORA CAPITAL MANAGEMENT, LLC
By:  

/s/

Name: Parag Vora

Title: Managing Member

 

PARAG VORA

/s/

Parag Vora

 

 

 

Page 9 of 10


Exhibit 1

The undersigned parties hereby agree that the Schedule 13G filed herewith (and any amendments thereto) relating to the Common Stock of Chatham Lodging Trust, is being filed jointly on behalf of each of them with the Securities and Exchange Commission pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended.

 

HG VORA SPECIAL OPPORTUNITIES MASTER FUND, LTD.
By:  

/s/

Name: Parag Vora

Title: Director

 

HG VORA CAPITAL MANAGEMENT, LLC
By:  

/s/

Name: Parag Vora

Title: Managing Member

 

PARAG VORA

/s/

Parag Vora

 

Page 10 of 10