Thomas H. Nolan Jr - May 31, 2024 Form 4 Insider Report for Elme Communities (ELME)

Role
Director
Signature
By: W. Drew Hammond For: Thomas H. Nolan, Jr.
Stock symbol
ELME
Transactions as of
May 31, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 04:18 PM
Previous filing
May 22, 2024
Next filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELME Common Stock Award $0 +3.24K +7.26% $0.00 48K May 31, 2024 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 Elme Communities 2016 Incentive Plan (as amended and restated effective as of May 30, 2024) and the Company's Deferred Compensation Plan for Directors - the number of shares awarded is based on the closing price on 5/31/2024 of $15.41. The units settle only in stock.
F2 Reflects the acquisition of 529.341 dividend equivalent units received during the first quarter of 2024 and 558.965 dividend equivalent units received during the second quarter of 2024 pursuant to the Company's Deferred Compensation Plan for Directors.