Gormsen Christopher Andrew 4
4 · RLJ Lodging Trust · Filed Jun 7, 2023
Insider Transaction Report
Form 4
Gormsen Christopher Andrew
Chief Accounting Officer
Transactions
- Award
Common Shares
2023-06-05+7,876→ 153,790 total - Tax Payment
Common Shares
2023-06-05$10.92/sh−1,186$12,951→ 152,604 total
Footnotes (2)
- [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.