Karen Catherine Gallagher - Mar 1, 2024 Form 4 Insider Report for Apple Hospitality REIT, Inc. (APLE)

Role
SVP & Chief Operating Officer
Signature
/s/ Kelly C. Clarke, Attorney-in-fact
Stock symbol
APLE
Transactions as of
Mar 1, 2024
Transactions value $
$782,229
Form type
4
Date filed
3/5/2024, 04:30 PM
Previous filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLE Common Shares Award $1.42M +87.6K +39.52% $16.27 309K Mar 1, 2024 Direct F1, F2
transaction APLE Common Shares Award $0 +50.2K +16.22% $0.00 359K Mar 1, 2024 Direct F3
transaction APLE Common Shares Tax liability -$643K -39.5K -10.99% $16.27 320K Mar 1, 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Unrestricted common shares issued as settlement for amounts earned under the Company's 2023 incentive plan.
F2 Per share value is the average of the high and low trading price for the Company's common shares on the New York Stock Exchange on March 1, 2024.
F3 Restricted common shares issued as settlement for amounts earned under the Company's 2023 incentive plan. The shares are restricted and cannot vest until December 13, 2024.
F4 Reflects common shares surrendered to the Company to satisfy tax withholding obligations in connection with the issuance of unrestricted common shares.