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RLJ Lodging Trust — Director's Dealing 2024
May 7, 2024
32141_dirs_2024-05-07_4947c3f5-94f2-4616-94ee-28f230253451.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: 2024-05-04
Reporting Person: JOHNSON ROBERT L (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-04 | Common Shares | F | 7632 | $10.73 | Disposed | 1413408 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| OP Units | $ | Common Stock (335250) | 335250 | Direct |
Footnotes
F1: Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted common shares.
F2: "OP Units" represent limited partner interests of RLJ Lodging Trust, L.P., the operating partnership (the "OP") of the Issuer, of which the Issuer is the sole general partner. OP Units are redeemable beginning one year after the date of issuance for cash equal to the then current market value of one common share of the Issuer or, at the election of the Issuer, an equal number of common shares of the Issuer.
F3: All of these OP Units are immediately redeemable (subject to certain limitations set forth in the agreement of limited partnership of the OP). OP Units have no expiration date.