Patricia L. Gibson - 25 Apr 2024 Form 4 Insider Report for RLJ Lodging Trust (RLJ)

Role
Director
Signature
/s/ Chad Perry, Attorney-in-Fact
Issuer symbol
RLJ
Transactions as of
25 Apr 2024
Net transactions value
+$228,180
Form type
4
Filing time
29 Apr 2024, 16:56:01 UTC
Previous filing
02 Feb 2024
Next filing
30 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLJ Common Stock Award $129,992 +11,711 +13% $11.10 104,217 25 Apr 2024 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 $98,188 +4,049 $24.25* 4,049 29 Sep 2022 Common Shares 1,136 $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 common 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.