Patricia L. Gibson - Apr 28, 2023 Form 4 Insider Report for RLJ Lodging Trust (RLJ)

Role
Director
Signature
/s/ Anita Cooke Wells, Attorney-in-Fact
Stock symbol
RLJ
Transactions as of
Apr 28, 2023
Transactions value $
$228,185
Form type
4
Date filed
5/8/2023, 05:03 PM
Previous filing
Feb 3, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLJ Common Stock Award $130K +12.9K +16.16% $10.10 92.5K Apr 28, 2023 Direct F1

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 RLJ $1.95 Series A Cumulative Convertible Preferred Shares Purchase $98.2K +4.05K $24.25 4.05K Sep 29, 2022 Common Shares 1.14K $89.09 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted shares, vesting ratably on the first four quarterly anniversaries of the date of grant, were granted to the reporting person pursuant to the RLJ Lodging Trust 2021 Equity Incentive Plan.
F2 The $1.95 Series A Cumulative Convertible Preferred Shares are convertible into common shares at any time. The $1.95 Series A Cumulative Convertible Preferred Shares are perpetual and therefore have no expiration date.