Justin G. Knight - Mar 1, 2023 Form 4 Insider Report for Apple Hospitality REIT, Inc. (APLE)

Role
CEO, Director
Signature
/s/ Kelly C. Clarke, Attorney-in-fact
Stock symbol
APLE
Transactions as of
Mar 1, 2023
Transactions value $
$1,907,975
Form type
4
Date filed
3/3/2023, 03:44 PM
Previous filing
Dec 13, 2022
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLE Common Shares Award $3.48M +208K +13.93% $16.70 1.7M Mar 1, 2023 Direct F1, F2
transaction APLE Common Shares Award $0 +104K +6.12% $0.00 1.81M Mar 1, 2023 Direct F3
transaction APLE Common Shares Tax liability -$1.57M -93.9K -5.2% $16.70 1.71M Mar 1, 2023 Direct F2, F4
holding APLE Common Shares 32.8K Mar 1, 2023 By J. Knight Generation Skipping Irrevocable Trust
holding APLE Common Shares 305K Mar 1, 2023 By JAMN Limited Partnership, LLP F5
holding APLE Common Shares 9.84M Mar 1, 2023 In closely held LLC F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Unrestricted common shares issued as settlement for amounts earned under the Company's 2022 incentive plan.
F2 Per share value is the average of the high and low trading price for the Company's common shares on the New York Stock Exchange on March 1, 2023.
F3 Restricted common shares issued as settlement for amounts earned under the Company's 2022 incentive plan. The shares are restricted and cannot vest until December 8, 2023.
F4 Reflects common shares surrendered to the Company to satisfy tax withholding obligations in connection with the issuance of unrestricted common shares.
F5 The reporting person disclaims beneficial ownership of the reported shares to the extent the shares reported exceed the reporting person's pecuniary interest in such shares.