SEC Form 4 · accession 0001181431-15-000249
LaSalle Hotel Properties · LHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Barnello
Officer — President and CEO · Director
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares of beneficial interestF1 | Jan 1, 2015 | A | 60,433 | — | A | 241,764 | D | |
| Common shares of beneficial interest | Jan 1, 2015 | F | 18,612 | $40.47 | D | 223,152 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The common shares were granted to the reporting person by the Issuer's Board of Trustees. The shares will vest ratably on each of January 1, 2015, January 1, 2016 and January 1, 2017. The common shares were earned by the reporting person based on an equity performance award made in January 2012. The reporting person earned 68.1% of the maximum number of shares pursuant to the performance award. For more information on the performance award metrics and measurement period, please see the Issuer's annual proxy statement filed with the Securities and Exchange Commission.