Chatham Lodging Trust — Director's Dealing 2021

Jan 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chatham Lodging Trust (CLDT)
CIK: 0001476045
Period of Report: 2021-01-15

Reporting Person: Higgins Mary Elizabeth (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-15	Common Shares	A	4467	$11.19	Acquired	12191	Direct

Footnotes

F1: Represents a grant of 4,467 common shares to the reporting person on January 15, 2021 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2020. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2020. Each independent trustee receives at least 50% of their annual fee in the form of shares of the Company, but may elect to receive up to 100% of their annual fee in shares. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2020.