4//SEC Filing
Chatham Lodging Trust 4
Accession 0001476045-17-000058
$CLDTCIK 0001476045operating
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 11:08 AM ET
Size
6.1 KB
Accession
0001476045-17-000058
Insider Transaction Report
Form 4
Wegner Jeremy Bruce
Chief Financial Officer
Transactions
- Award
LTIP Units
2017-01-28+808→ 13,603 total→ Common Shares (808 underlying)
Footnotes (1)
- [F1]The Company met the performance criteria under the January 28, 2016 LTIP Performance Award. This LTIP issuance represents the vesting of the first tranche of the award and 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. Vested LTIP Units, upon achieving parity with the Operating Partnership units pursuant to the terms of the Operating Partnership's limited partnership agreement, 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. Issuing LTIP Units subject to the LTIP Performance Award on the next two anniversaries of the date of grant is subject to meeting the performance criteria as well as continued employment with the Issuer.
Documents
Issuer
Chatham Lodging Trust
CIK 0001476045
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001476045
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 11:08 AM ET
- Size
- 6.1 KB