X0303 4 2009-03-04 0 0001284609 SUMMIT HOTEL PROPERTIES LLC NONE 0001361101 Bluestem Capital Company, L.L.C. 122 SOUTH PHILLIPS AVENUE SUITE 300 SIOUX FALLS SD 57104 0 0 1 0 Class A Interests 2009-03-04 4 P 0 0 200000.00 A 0 I By Bluestem Select Opportunities Fund, LLC Class A-1 Interests 2009-03-04 4 P 0 0 50000.00 A 0 I By Bluestem Select Opportunities Fund, LLC Class A Interests 0 I By Bluestem Capital Partners I, LLC Class A Interests 0 I By Bellevue Partners, LLC Class A Interests 0 I By OSandy Partners, LLC Class A Interests 0 I By Carrier Pasta, LLC Class A Interests 0 I By Bluestem Growth & Income Fund, LLC Class A Interests 0 I By Bluestem Growth & Income Fund II, LLC Class A-1 Interests 0 I By Bluestem Growth & Income Fund II, LLC The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to have beneficially acquired 0.144% of the Class A membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 0.216% of the Class A membership interests. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to have beneficially acquired 0.235% of the Class A-1 membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 6.93% of the Class A-1 membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 3.07% of the Class A membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 5.36% of the Class A membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 0.52% of the Class A membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 0.60% of the Class A membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 4.59% of the Class A membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 1.26% of the Class A membership interests. The issuer's membership interests are expressed in percentages of ownership of the class, rather than in shares or units. Bluestem Capital Company, LLC may be deemed to beneficially own 10.602% of the Class A-1 membership interests. /s/ Steven T. Kirby, President 2009-03-06