Chatham Lodging Trust — Director's Dealing 2019

Jan 29, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chatham Lodging Trust (CLDT)
CIK: 0001476045
Period of Report: 2019-01-29

Reporting Person: CRAVEN DENNIS M (EVP & Chief Operating Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-29	LTIP Units	$	A	2425	Acquired		Common Shares (2425.0)	Direct

Footnotes

F1: The Company met the performance criteria under the January 28, 2016 LTIP Performance Award. This LTIP issuance represents the vesting of the third tranche of the award and represents restricted units of limited partnership interest ("LTIP Units") in Chatham Lodging, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. Vested LTIP Units, upon achieving parity with the Operating Partnership units pursuant to the terms of the Operating Partnership's limited partnership agreement, may be exchanged at any time at the election of the holder for Operating Partnership units on a one-for-one basis or, at the Issuer's option, an equivalent amount of cash.