4//SEC Filing
HARTLEY LEONARD DARRYL 4
Accession 0001209191-18-060479
CIK 0001053532other
Filed
Nov 29, 7:00 PM ET
Accepted
Nov 30, 7:16 PM ET
Size
8.7 KB
Accession
0001209191-18-060479
Insider Transaction Report
Form 4
HARTLEY LEONARD DARRYL
Director
Transactions
- Disposition to Issuer
Common shares of beneficial interest
2018-11-30−9,697→ 0 total - Disposition to Issuer
Deferred common shares of beneficial interest
2018-11-30−16,783→ 0 total→ Common shares of beneficial interest (16,783 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 6, 2018, as amended on September 18, 2018 (the "Merger Agreement"), by and among Pebblebrook Hotel Trust, Pebblebrook Hotel, L.P., Ping Merger Sub, LLC, Ping Merger OP, LP, LaSalle Hotel Properties and LaSalle Hotel Operating Partnership, L.P.
- [F2]Pursuant to the Merger Agreement, each outstanding common share held by the reporting person was converted into the right to receive the Merger Consideration (as defined in the Merger Agreement).
- [F3]Pursuant to the Trustee Fee Deferral Program, deferred common shares ("Deferred Shares") are exchangeable on a 1-for-1 basis into common shares on January 31st (or in five equal annual installments beginning on January 31st) of the year following the year in which the holder ceases to serve on the Issuer's Board of Trustees. Deferred Shares were received as consideration for services rendered as a trustee. Holders of Deferred Shares receive additional Deferred Shares in an amount equal to the amount of any dividends paid on the common shares. The amount reported includes 388 Deferred Shares received in lieu of dividends paid on the common shares exchangeable for the outstanding Deferred Shares during 2018.
- [F4]Pursuant to the terms of the Merger Agreement, each outstanding Deferred Share held by the reporting person was cancelled in exchange for the right to submit an election and receive the Merger Consideration, without interest and less any required tax withholdings.
Documents
Issuer
LaSalle Hotel Properties
CIK 0001053532
Entity typeother
Related Parties
1- filerCIK 0001042562
Filing Metadata
- Form type
- 4
- Filed
- Nov 29, 7:00 PM ET
- Accepted
- Nov 30, 7:16 PM ET
- Size
- 8.7 KB