4//SEC Filing
Martin Jeffrey L 4
Accession 0001209191-18-001580
CIK 0001053532other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:13 PM ET
Size
7.7 KB
Accession
0001209191-18-001580
Insider Transaction Report
Form 4
Martin Jeffrey L
Director
Transactions
- Award
Common Shares of Beneficial Interest
2018-01-02+5,317→ 5,317 total
Holdings
- 1,361
Deferred Common Shares of Beneficial Interest
→ Common Shares of Beneficial Interest (1,361 underlying)
Footnotes (4)
- [F1]Common shares were received in payment of the retainer for services as Trustee and valued at the average closing price of the common shares for the year ended December 31, 2017, which was $29.1501.
- [F2]Deferred common shares of beneficial interest ("Deferred Shares") are exchangeable on a 1-for-1 basis into 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 New York Stock Exchange 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 81 Deferred Shares received in lieu of dividends paid on the common shares exchangeable for the outstanding Deferred Shares during the year ended December 31, 2017.
- [F3]Deferred Shares are exchangeable on a 1-for-1 basis into common shares.
- [F4]Pursuant to the Trustee Fee Deferral Program, common shares are issuable in exchange for Deferred Shares on a 1-for-1 basis on January 31st (or in five equal annual installments beginning 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 typeother
Related Parties
1- filerCIK 0001688183
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:13 PM ET
- Size
- 7.7 KB