AI assistant
RLJ Lodging Trust — Director's Dealing 2022
Jun 22, 2022
32141_dirs_2022-06-21_8dc6f84f-57e6-445a-a4a0-8a9454f566b6.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RLJ Lodging Trust (RLJ)
CIK: 0001511337
Period of Report: 2022-06-16
Reporting Person: Hale Leslie D. (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-16 | Common Shares | A | 52526 | — | Acquired | 1354500 | Direct |
| 2022-06-16 | Common Shares | F | 12686 | $12.18 | Disposed | 1341814 | 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.