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RLJ Lodging Trust — Director's Dealing 2022
Jun 22, 2022
32141_dirs_2022-06-21_7c78af91-c36e-4163-8207-121d43e1271e.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: 2022-06-16
Reporting Person: Mahoney Sean M (EVP, CFO and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-16 | Common Shares | A | 17268 | — | Acquired | 334793 | Direct |
| 2022-06-16 | Common Shares | F | 3894 | $12.18 | Disposed | 330899 | Direct |
Footnotes
F1: These securities were issued to the reporting person pursuant to the RLJ Lodging Trust 2021 Equity Incentive Plan, which provides 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 13, 2023, 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.