Robert L. Johnson - Aug 22, 2021 Form 4 Insider Report for RLJ Lodging Trust (RLJ)

Signature
/s/ Anita Cooke Wells, Attorney-in-Fact
Stock symbol
RLJ
Transactions as of
Aug 22, 2021
Transactions value $
-$12,815
Form type
4
Date filed
8/24/2021, 04:20 PM
Previous filing
Jun 14, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLJ Common Shares Tax liability -$12.8K -930 -0.07% $13.78 1.28M Aug 22, 2021 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
holding RLJ OP Units 335K Aug 22, 2021 Common Stock 335K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted common shares.
F2 "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.
F3 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.