Hersha Hospitality 8-K 5-24-2007
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of
1934
Date
of Report (Date of earliest event reported): May 24, 2007
HERSHA
HOSPITALITY TRUST
(Exact
name of registrant as specified in its charter)
Maryland
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001-14765
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251811499
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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510
Walnut Street, 9th
Floor
Philadelphia,
Pennsylvania 19106
(Address
and zip code of
principal
executive offices)
Registrant’s
telephone number, including area code: (215)
238-1046
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instructions A.2. below):
¨
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e4(c) under the Exchange Act (17
CFR
240.13e-4(c))
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Item
5.03. |
Amendments
to Articles of Incorporation or Bylaws; Changes in Fiscal
Year.
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On
May
23, 2007, the Board of Trustees of Hersha Hospitality Trust (“Hersha”) approved
Articles of Amendment to the Articles of Amendment and Restatement of the
Declaration of Trust of Hersha (the “Charter”). The amendment to the Charter
amends and restates Section 1 of Article VI of the Charter in its
entirety to reclassify 49,000,000 shares of its previously classified but
unissued Class B Common Shares of Beneficial Interest into 30,000,000 Priority
Class A Common Shares of Beneficial Interest, par value $0.01 per share and
19,000,000 preferred shares of beneficial interest, par value $0.01 per share.
A
copy of Hersha’s Articles of Amendment to the Charter in the form filed with the
Maryland State Department of Assessments and Taxation and declared effective
on
May 24, 2007 is attached as Exhibit 3.1
to this
Current Report on Form 8-K and incorporated herein by reference.
Item
9.01
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Financial
Statements and Exhibits.
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(c) |
3.1 Articles
of Amendment
to Declaration of Trust.
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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HERSHA
HOSPITALITY TRUST
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Date:
May 25, 2007
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By:
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/s/ Ashish R. Parikh
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Ashish
R. Parikh
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Chief
Financial Officer
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