Leslie D. Hale - 16 Feb 2024 Form 4 Insider Report for RLJ Lodging Trust (RLJ)

Role
President and CEO, Director
Signature
/s/ Chad Perry, Attorney-in-Fact
Issuer symbol
RLJ
Transactions as of
16 Feb 2024
Transactions value $
$2,367,378
Form type
4
Filing time
21 Feb 2024, 17:39:14 UTC
Previous filing
20 Jun 2023
Next filing
01 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLJ Common Shares Award $3M +257K +17.29% $11.70 1.74M 16 Feb 2024 Direct F1
transaction RLJ Common Shares Tax liability -$637K -54.4K -3.12% $11.70 1.69M 17 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted shares, vesting ratably over three years on the yearly anniversary of the date of grant, were granted to the reporting person pursuant to the RLJ Lodging Trust 2021 Equity Incentive Plan.
F2 Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of the restricted common shares previously granted.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney