Redd Hugh - Jan 1, 2024 Form 4 Insider Report for Apple Hospitality REIT, Inc. (APLE)

Role
Director
Signature
/s/ Kelly C. Clarke, Attorney-in-fact
Stock symbol
APLE
Transactions as of
Jan 1, 2024
Transactions value $
$994
Form type
4
Date filed
1/3/2024, 04:34 PM
Previous filing
Dec 4, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLE Common Shares Options Exercise +7.69K +6.6% 124K Jan 1, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APLE Deferred Stock Units Other $994 +59 +0.21% $16.85 28.8K Jan 1, 2024 Common Shares 59 Direct F2, F3, F4, F5
transaction APLE Deferred Stock Units Options Exercise -7.69K -26.65% 21.2K Jan 1, 2024 Common Shares 7.69K Direct F2, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents unrestricted common shares issued as settlement for previously awarded Deferred Stock Units credited to the reporting person under the Apple Hospitality REIT, Inc. Non- Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2014 Omnibus Incentive Plan and based on a voluntary elected payment date.
F2 Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
F3 Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.
F4 The Deferred Stock Units credited under the Deferral Plan are generally payable in the form elected or provided under the Deferral Plan on the earlier of (i) the date or event elected by the reporting person, or (ii) upon death, disability or change in control as defined under the Deferral Plan.
F5 Per share value is the closing price for the Company's common shares on the New York Stock Exchange on January 2, 2024.
F6 Represents the vesting of Deferred Stock Units previously credited to the reporting person under the Deferral Plan based on a voluntary elected payment date and settled in the form of unrestricted common shares.