EII Capital Management’s HERSHA HOSPITALITY TRUST 6.875% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest, HT.PRC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2021 Q4	–	Sell	-17,100	Closed	-$422K	–	182
2021 Q3	$422K	Hold	17,100	–	–	0.2%	112
2021 Q2	$425K	Hold	17,100	–	–	0.2%	116
2021 Q1	$415K	Hold	17,100	–	–	0.22%	110
2020 Q4	$333K	Hold	17,100	–	–	0.19%	117
2020 Q3	$251K	Hold	17,100	–	–	0.16%	122
2020 Q2	$200K	Sell	17,100 -17,100	-50%	-$200K	0.13%	124
2020 Q1	$255K	Hold	34,200	–	–	0.17%	123
2019 Q4	$856	Hold	34,200	–	–	0.24%	81
2019 Q3	$870	Hold	34,200	–	–	0.24%	81
2019 Q2	$864K	Hold	34,200	–	–	0.46%	74
2019 Q1	$827K	Hold	34,200	–	–	0.46%	77
2018 Q4	$752K	Hold	34,200	–	–	0.43%	76
2018 Q3	$796K	Hold	34,200	–	–	0.43%	72
2018 Q2	$845K	Hold	34,200	–	–	0.46%	68
2018 Q1	$834K	Hold	34,200	–	–	0.49%	62
2017 Q4	$860K	Hold	34,200	–	–	0.36%	88
2017 Q3	$859K	Hold	34,200	–	–	0.32%	108
2017 Q2	$864K	Hold	34,200	–	–	0.29%	81
2017 Q1	$877K	Hold	34,200	–	–	0.28%	79
2016 Q4	$831K	Hold	34,200	–	–	0.26%	80
2016 Q3	$883K	Hold	34,200	–	–	0.27%	75
2016 Q2	$889K	Hold	34,200	–	–	0.26%	77
2016 Q1	$931K	Hold	34,200	–	–	0.26%	78
2015 Q4	$860K	Hold	34,200	–	–	0.22%	75
2015 Q3	$855K	Hold	34,200	–	–	0.14%	78
2015 Q2	$887K	Hold	34,200	–	–	0.15%	88
2015 Q1	$884K	Sell	34,200 -4,000	-10%	-$103K	0.12%	93
2014 Q4	$972K	Hold	38,200	–	–	0.11%	99
2014 Q3	$989K	Hold	38,200	–	–	0.06%	109
2014 Q2	$958K	Hold	38,200	–	–	0.02%	111
2014 Q1	$913K	Hold	38,200	–	–	0.02%	114
2013 Q4	$889K	Hold	38,200	–	–	0.02%	105
2013 Q3	$883K	Buy	38,200 +4,200	+12%	+$97.1K	0.02%	108
2013 Q2	$829K	Buy	+34,000	New	+$829K	0.02%	115