4//SEC Filing
Chatham Lodging Trust 4
Accession 0001476045-16-000086
$CLDTCIK 0001476045operating
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 10:45 AM ET
Size
6.0 KB
Accession
0001476045-16-000086
Insider Transaction Report
Form 4
Willis Peter
EVP & Chief Investment Officer
Transactions
- Award
LTIP Units
2016-01-28+9,009→ 41,594 total→ Common Shares (9,009 underlying)
Footnotes (1)
- [F1]1. Represents restricted units of limited partnership interest ("LTIP Units") in Chatham Lodging, L.P. (the "Operating Partnership"), of which the Issuer is the general partner, granted to the reporting person on January 28, 2016. Vested LTIP Units, upon achieving parity with the Operating Partnership units pursuant to the terms of the Operating Partnership's agreement of limited partnership, may be exchanged at any time at the election of the holder for Operating Partnership units on a one-for-one basis or, at the Issuer's option, an equivalent amount of cash. One-third of the reporting person's LTIP Units vest on each of the first three anniversaries of the date of grant, subject to the reporting person's continued employment with the Issuer. The LTIP Units were issued pursuant to the Issuer's Equity Incentive Plan and have no expiration dates.
Documents
Issuer
Chatham Lodging Trust
CIK 0001476045
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001476045
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 10:45 AM ET
- Size
- 6.0 KB