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RLJ Lodging Trust — Director's Dealing 2021
May 4, 2021
32141_dirs_2021-05-04_bdc0f6bd-d01d-4e4c-85e2-c6201ec27e37.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RLJ Lodging Trust (RLJ)
CIK: 0001511337
Period of Report: 2021-04-30
Reporting Person: Hale Leslie D. (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-30 | Common Shares | A | 7997 | $16.14 | Acquired | 589878 | Direct |
| 2021-04-30 | Common Shares | F | 1932 | $16.37 | Disposed | 587946 | Direct |
Footnotes
F1: These securities were issued to the reporting person pursuant to the RLJ Lodging Trust 2015 Equity Incentive Plan, which provided for the conversion of performance units to a number of restricted common shares based on the Issuer's performance over a designated three-year performance period. 50% of the restricted common shares vested on the date of issuance, with the remaining 50% vesting on February 21, 2022, provided the reporting person remains employed by the Issuer through the vesting date.
F2: Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of the restricted common shares described above.