X0306 4 2022-05-19 0 0001301236 Sotherly Hotels Inc. SOHO 0001304020 Sims Andrew 306 S HENRY ST SUITE 100 WILLIAMSBURG, VA VA 23185 1 1 0 0 Chairman Common Stock 2022-05-19 4 C 0 50000 A 50000 I By Jeanette I. Sims Revocable Trust Common Stock 356486 D Common Stock 793937 I By AMS Family Partnership, R.L.L.P. Common Stock 156250 I By spouse Common Stock 39294 I By ESOP 8.0% Series B Preferred Stock 1500 D 7.875% Series C Preferred Stock 1500 D 8.25% Series D Preferred Stock 1500 D Operating Partnership Units 2022-05-19 4 C 0 50000 0.00 D Common Stock 50000 327903 I By Jeanette I. Sims Revocable Trust The reporting person redeemed 50,000 units of limited partnership interest ("Units") of Sotherly Hotels LP, of which the issuer is the general partner. Units are redeemable for an equal number of shares of the issuer's Common Stock or, at the election of the issuer, cash equal to the fair market value of such shares. The issuer elected to redeem the reporting person's Units with Common Stock. Reflects allocations under the issuer's Employee Stock Ownership Plan. The full security title is 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The full security title is 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock. The full security title is 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock. Operating Partnership Units in Sotherly Hotels LP, Sotherly Hotels Inc.'s operating partnership. There is no expiration to the redemption right. /s/ Andrew M. Sims 2022-05-23