Ethel Isaacs Williams - Jan 18, 2022 Form 4 Insider Report for Chatham Lodging Trust (CLDT)

Role: Director
Signature: Dennis M. Craven, as attorney-in-fact
Stock symbol: CLDT
Transactions as of: Jan 18, 2022
Transactions value $: $35,012
Form type: 4
Date filed: 1/19/2022, 03:46 PM
Previous filing: Sep 2, 2021
Next filing: Mar 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLDT	Common Shares	Award	$35K	+2.58K	+51.64%	$13.56	7.58K	Jan 18, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of 2,582 common shares to the reporting person on January 18, 2022 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2021. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2021. Reporter commenced board service on August 9, 2021 and thus the amount of shares was pro-rated to reflect the partial year of service. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2021.

Content

Represents a grant of 2,582 common shares to the reporting person on January 18, 2022 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2021. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2021. Reporter commenced board service on August 9, 2021 and thus the amount of shares was pro-rated to reflect the partial year of service. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2021.