Chad Perry - Feb 16, 2024 Form 4 Insider Report for RLJ Lodging Trust (RLJ)

Signature
/s/ Leslie D. Hale, Attorney-in-Fact
Stock symbol
RLJ
Transactions as of
Feb 16, 2024
Transactions value $
$449,994
Form type
4
Date filed
2/21/2024, 05:43 PM
Previous filing
Jun 14, 2023
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLJ Common Shares Award $450K +38.5K +29.59% $11.70 168K Feb 16, 2024 Direct F1, 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 The total number of shares includes 130,000 restricted shares that were reflected on the reporting person's Form 3 filed on June 14, 2023. This Form 3 incorrectly indicated that the 130,000 restricted shares vest ratably over three years on the yearly anniversary of the date of grant instead of two years on the yearly anniversary of the date of grant.