Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RLJ | Common Shares | Award | $0 | +83.6K | +5.88% | $0.00 | 1.51M | Jun 5, 2023 | Direct | F1 |
transaction | RLJ | Common Shares | Tax liability | -$220K | -20.2K | -1.34% | $10.92 | 1.49M | Jun 5, 2023 | Direct | F2 |
Id | Content |
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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 28, 2024, provided the reporting person remains employed by the Issuer through the vesting date. |
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. |