SEC Form 4 · accession 0001476045-19-000011
Chatham Lodging Trust · CLDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack P Deboer
Director
Period of report
Jan 16, 2019
Accepted (ET)
Jan 16, 2019 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476045
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jan 16, 2019 | A | 5,574 | $17.94 | A | 39,890 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of 5,574 common shares to the reporting person on January 16, 2019 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2018. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2018. Each independent trustee receives at least 50% of their annual fee in the form of shares of the Company, but may elect to receive up to 100% of their annual fee in shares. 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 2018.