Higgins Mary Elizabeth 4
4 · Chatham Lodging Trust · Filed Jan 15, 2020
Insider Transaction Report
Form 4
Higgins Mary Elizabeth
Director
Transactions
- Award
Common Shares
2020-01-15$18.36/sh+2,724$50,013→ 7,724 total
Footnotes (1)
- [F1]Represents a grant of 2,724 common shares to the reporting person on January 15, 2020 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2019. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2019. Each independent trustee receives at least 50% of their annual fee in the form of shares of the Company, but may elect to receive up to 100% of their annual fee in shares. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2019.