4//SEC Filing
LaSalle Hotel Properties 4
Accession 0001181431-15-000253
CIK 0001053532operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:13 PM ET
Size
7.4 KB
Accession
0001181431-15-000253
Insider Transaction Report
Form 4
HARTLEY LEONARD DARRYL
Director
Transactions
- Award
Common shares of beneficial interest
2015-01-02+1,875→ 11,118 total
Holdings
- 13,615
Deferred common shares of beneficial interest
→ Common shares of beneficial interest (13,615 underlying)
Footnotes (4)
- [F1]Shares were received in payment of the retainer for services as Trustee and valued at the average closing price of the shares for the year ended December 31, 2014, which was $34.6642.
- [F2]Deferred Common Shares of Beneficial Interest ("Deferred Shares") are exchangeable on a 1-for-1 basis into common shares of beneficial interest, par value $0.01 per share, of LaSalle Hotel Properties ("Common Shares"). Deferred Shares are received as consideration for services rendered as a member of the Board of Trustees of LaSalle Hotel Properties. Holders of Deferred Shares receive additional Deferred Shares in an amount equal to any dividends paid on the Common Shares exchangeable for the outstanding Deferred Shares, divided by the average closing price of the Common Shares on the NYSE during the 10 trading days preceding the first day on which the Common Shares begin trading without entitlement to the applicable dividend. The amount reported includes 519 Deferred Shares received in lieu of dividends paid on the Common Shares in 2014.
- [F3]Deferred Shares are exchangeable on a 1-for-1 basis into Common Shares.
- [F4]Common Shares are issuable in exchange for Deferred Shares on a 1-for-1 basis on January 31st of the year following the year in which the holder thereof ceases to serve on the Board of Trustees of LaSalle Hotel Properties.
Documents
Issuer
LaSalle Hotel Properties
CIK 0001053532
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001053532
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:13 PM ET
- Size
- 7.4 KB