RLJ Lodging Trust — Director's Dealing 2023

Jun 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLJ Lodging Trust (RLJ)
CIK: 0001511337
Period of Report: 2023-06-05

Reporting Person: Bardenett Thomas (EVP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-05	Common Shares	A	9845	—	Acquired	284257	Direct
2023-06-05	Common Shares	F	2220	$10.92	Disposed	282037	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 28, 2024, 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.