X0306 4 2013-01-15 0 0001476045 Chatham Lodging Trust CLDT 0001217545 GILBERT GLEN R 50 COCOANUT ROW, SUITE 216 PALM BEACH FL 33480 1 0 0 0 Common Shares 2013-01-15 4 A 0 2504 14.98 A 12466 D Represents a grant of 2,504 common shares to the reporting person on January 15, 2013 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2012. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2012. 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 2012. /s/ Dennis M. Craven, As Attorney In Fact 2013-01-15