4//SEC Filing
Wegner Jeremy Bruce 4
Accession 0001476045-18-000028
CIK 0001476045other
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 4:08 PM ET
Size
6.1 KB
Accession
0001476045-18-000028
Insider Transaction Report
Form 4
Wegner Jeremy Bruce
Chief Financial Officer
Transactions
- Award
LTIP Units
2018-01-29+0→ 14,411 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 second 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 anniversary 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 typeother
Related Parties
1- filerCIK 0001645466
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 4:08 PM ET
- Size
- 6.1 KB