Form 4 for RLJ RLJ Lodging Trust
Accepted 2023-06-07 00:00:00 ET · period of report 2023-06-05 · accession 0001062993-23-013107 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-06-07 | 2023-06-05 | RLJ | Hale Leslie D. | Pres, CEO, Dir | F - Tax | $10.92 | -20.2K | 1.49M | -1% | -$220.5K | |
| 2023-06-07 | 2023-06-05 | RLJ | Hale Leslie D. | Pres, CEO, Dir | A - Grant | $0.00 | +83.6K | 1.51M | +6% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-06-05 | F | D | 20,189 | $10.92 | 1,485,503 | D | — | — | (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. |
| 2 | Common | Common Shares | 2023-06-05 | A | A | 83,599 | $0.00 | 1,505,692 | D | — | — | (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. |