Jennifer S. Banner - Dec 15, 2023 Form 4 Insider Report for Elme Communities (ELME)

Role: Director
Signature: By: W. Drew Hammond For: Jennifer S. Banner
Stock symbol: ELME
Transactions as of: Dec 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/19/2023, 04:22 PM
Previous filing: Oct 2, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELME	Common Stock	Award	$0	+3.45K	+33.06%	$0.00	13.9K	Dec 15, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These are Restricted Share Units granted pursuant to the Company's Deferred Compensation Plan for Directors - the number of shares awarded is based on the closing price on 12/15/2023 of $14.49. The units settle only in stock.
F2	Due to an administrative error, the total shares reported in the Reporting Person's Form 4 filed on October 2, 2023 did not include 91.3254 dividend equivalent units received during the third quarter of 2023 pursuant to the Company's Deferred Compensation Plan for Directors. The total shares reported here reflects this correction and 124.3332 dividend equivalent units received during the fourth quarter of 2023 pursuant to the Company's Deferred Compensation Plan for Directors.

Content

These are Restricted Share Units granted pursuant to the Company's Deferred Compensation Plan for Directors - the number of shares awarded is based on the closing price on 12/15/2023 of $14.49. The units settle only in stock.

Due to an administrative error, the total shares reported in the Reporting Person's Form 4 filed on October 2, 2023 did not include 91.3254 dividend equivalent units received during the third quarter of 2023 pursuant to the Company's Deferred Compensation Plan for Directors. The total shares reported here reflects this correction and 124.3332 dividend equivalent units received during the fourth quarter of 2023 pursuant to the Company's Deferred Compensation Plan for Directors.