4//SEC Filing
Adams D. Rick 4
Accession 0001144204-19-045062
CIK 0001473078other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 4:30 PM ET
Size
9.1 KB
Accession
0001144204-19-045062
Insider Transaction Report
Form 4
Adams D Rick
SVP and CIO
Transactions
- Award
Common Shares of Beneficial Interest
2019-09-18+214,360→ 424,717 total - Disposition to Issuer
Common Shares of Beneficial Interest
2019-09-18−309,206→ 0 total - Tax Payment
Common Shares of Beneficial Interest
2019-09-18$27.17/sh−115,511$3,138,434→ 309,206 total
Footnotes (3)
- [F1]Represents shares issued upon the accelerated vesting of performance-based equity awards pursuant to the Merger Agreement as defined in Footnote 3 below.
- [F2]Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of (i) time-based equity awards and (ii) performance-based equity awards pursuant to the Merger Agreement as defined in Footnote 3 below.
- [F3]Disposed of pursuant to an Agreement and Plan of Merger, dated as of May 5, 2019 (the "Merger Agreement"), by and among Park Hotels & Resorts Inc., ("Park"), PK Domestic Property LLC, an indirect subsidiary of Park ("Domestic"), PK Domestic Sub LLC ("Merger Sub") and Chesapeake Lodging Trust (the "Trust"). Pursuant to the Merger Agreement, on September 18, 2019, the Trust merged with and into Merger Sub, with Merger Sub continuing as the surviving entity and a wholly-owned subsidiary of Domestic. Pursuant to the Merger Agreement, each common share of beneficial interest of the Trust, par value $0.01, was converted into the right to receive 0.628 of a share of Park's common stock, par value $0.01, and $11.00 in cash.
Documents
Issuer
Chesapeake Lodging Trust
CIK 0001473078
Entity typeother
Related Parties
1- filerCIK 0001477813
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 4:30 PM ET
- Size
- 9.1 KB