Key facts
- This page summarizes Robert L. Johnson's Form 4 filing for RLJ Lodging Trust (RLJ).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Jun 2022, 18:06.
Robert L. Johnson - 16 Jun 2022 Form 4 Insider Report for RLJ Lodging Trust (RLJ)
- Reporting relationship
- Executive Chairman, Director
- Issuer ticker
- RLJ
- Reported as of
- 16 Jun 2022
- Net transaction value
- -$55,029
- SEC form
- 4
- Accepted by SEC
- 21 Jun 2022, 18:06:28 UTC
- Prior SEC filing
- 13 Jun 2022
- Next SEC filing
- 15 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Anita Cooke Wells, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert L. Johnson filed Form 4 for RLJ Lodging Trust (RLJ) on 21 Jun 2022.
Change
- Previous filing in this sequence was filed on 13 Jun 2022.
- Current net transaction value: -$55,029.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RLJ
transaction
Common Shares
Award
- Transaction value
- $0
- Shares
- +18,707
- Change %
- +1.4%
- Price
- $0.000000
- Shares after
- 1,323,109
- Date
- 16 Jun 2022
- Ownership
- Direct
- Footnotes
- F1
RLJ
transaction
Common Shares
Tax liability
- Transaction value
- $55,029
- Shares
- -4,518
- Change %
- -0.34%
- Price
- $12.18
- Shares after
- 1,318,591
- Date
- 16 Jun 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RLJ
holding
Derivative
OP Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 335,250
- Date
- 16 Jun 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 335,250
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
These securities were issued to the reporting person pursuant to the RLJ Lodging Trust 2021 Equity Incentive Plan, which provides for the conversion of performance units to a number of restricted common shares based on the Issuer's performance over a designated three-year performance period. 50% of the restricted common shares vested on the date of issuance, with the remaining 50% vesting on February 13, 2023, provided the reporting person remains employed by the Issuer through the vesting date.
Footnote F2
Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of the restricted common shares described above.
Footnote F3
"OP Units" represent limited partner interests of RLJ Lodging Trust, L.P., the operating partnership (the "OP") of the Issuer, of which the Issuer is the sole general partner. OP Units are redeemable beginning one year after the date of issuance for cash equal to the then current market value of one common share of the Issuer or, at the election of the Issuer, an equal number of common shares of the Issuer.
Footnote F4
All of these OP Units are immediately redeemable (subject to certain limitations set forth in the agreement of limited partnership of the OP). OP Units have no expiration date.