0001140361-17-011926.txt : 20170314 0001140361-17-011926.hdr.sgml : 20170314 20170314163322 ACCESSION NUMBER: 0001140361-17-011926 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170310 FILED AS OF DATE: 20170314 DATE AS OF CHANGE: 20170314 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ESH Hospitality, Inc. CENTRAL INDEX KEY: 0001507563 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11525 N. COMMUNITY HOUSE ROAD STREET 2: SUITE 100 CITY: CHARLOTTE STATE: NC ZIP: 28277 BUSINESS PHONE: (980) 345-1600 MAIL ADDRESS: STREET 1: 11525 N. COMMUNITY HOUSE ROAD STREET 2: SUITE 100 CITY: CHARLOTTE STATE: NC ZIP: 28277 FORMER COMPANY: FORMER CONFORMED NAME: ESH Hospitality LLC DATE OF NAME CHANGE: 20101210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAULSON & CO. INC. CENTRAL INDEX KEY: 0001035674 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36191 FILM NUMBER: 17688488 BUSINESS ADDRESS: STREET 1: 1251 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 212-956-2221 MAIL ADDRESS: STREET 1: 1251 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 FORMER NAME: FORMER CONFORMED NAME: PAULSON & CO INC DATE OF NAME CHANGE: 19970313 4 1 doc1.xml FORM 4 X0306 4 2017-03-10 0 0001507563 ESH Hospitality, Inc. NONE 0001035674 PAULSON & CO. INC. 1251 AVENUE OF THE AMERICAS NEW YORK NY 10020 0 0 1 0 Paired Shares 2017-03-10 4 S 0 8333334 16.70 D 20294924 I By Managed Funds and Accounts Paired Shares 2017-03-10 4 S 0 208334 16.70 D 20086590 I By Managed Funds and Accounts Paulson & Co. Inc. ("Paulson") is an investment advisor registered under the Investment Advisors Act of 1940. Paulson & Co. Inc., and/or its affiliates (collectively, "Paulson") serve as the investment manager of (i) Paulson Advantage II L.P., (ii) Paulson Advantage Plus II L.P., (iii) ESA Recovery Acquisition, LLC, (iv) Paulson Advantage Plus II Ltd., (v) Paulson Credit Opportunities IV Ltd., (vi) Paulson Partners L.P., (vii) Paulson Partners Enhanced, L.P., (viii) Paulson International Ltd., (ix) Paulson Enhanced Ltd., (x) PCO EN LLC, (xi) PCO PP LLC (collectively, the "Paired Share Funds"). John Paulson is the controlling person of Paulson. All Paired Shares reported on this Form 4 are owned by the Paired Share Funds. Each of Paulson and John Paulson may be deemed to indirectly beneficially own the securities directly owned by the Paired Share Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 4 shall not be deemed an admission by any person reporting on this Form 4 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form. 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 Person shown on this Form 4 has been concurrently filed with respect to Extended Stay America, Inc.. as issuer. In connection with the secondary offering of Paired Shares by certain selling shareholders pursuant to an underwriting agreement (the "Underwriting Agreement") and prospectus supplement, each dated March 6, 2017 (the "Secondary Offering"), the Reporting Person, as a selling shareholder, sold Paired Shares in the amounts shown in the above table. The Secondary Offering closed on March 10, 2017. This amount represents an aggregate price per Paired Share of $16.70. Concurrent with the closing of the Secondary Offering, Extended Stay America, Inc. and ESH Hospitality, Inc. repurchased 208,334 Paired Shares from the Reporting Person at a price of $16.70 per Paired Share. /s/ Stuart L. Merzer, General Counsel & Chief Compliance Officer for Paulson & Co. Inc. 2017-03-14