X0304 4 2011-09-08 0001473078 Chesapeake Lodging Trust CHSP 0001272016 VICARI DOUGLAS W C/O CHESAPEAKE LODGING TRUST 1997 ANNAPOLIS EXCHANGE PARKWAY, STE 410 ANNAPOLIS MD 21401 1 1 0 0 EVP, CFO, Treasurer & Sec Common Shares of Beneficial Interest 2011-09-08 4 P 0 1500 12.3852 A 157123 D The price reported in Column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $12.3799 to $12.3915, inclusive. The reporting person undertakes to provide upon request to the issuer, the Securities and Exchange Commission or any security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1). /s/ Douglas W. Vicari 2011-09-09