Rolf E. Ruhfus - Jan 17, 2023 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 17, 2023
Transactions value $: $70,006
Form type: 4
Date filed: 1/17/2023, 03:15 PM
Previous filing: Jan 19, 2022
Next filing: Jan 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLDT	Common Shares	Award	$70K	+5.62K	+14.91%	$12.45	43.3K	Jan 17, 2023	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 5,623 common shares to the reporting person on January 17, 2023 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2022. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2022. 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 2022.

Content

Represents a grant of 5,623 common shares to the reporting person on January 17, 2023 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2022. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2022. 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 2022.