0001476045-22-000032.txt : 20220302 0001476045-22-000032.hdr.sgml : 20220302 20220302171723 ACCESSION NUMBER: 0001476045-22-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220301 FILED AS OF DATE: 20220302 DATE AS OF CHANGE: 20220302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wegner Jeremy Bruce CENTRAL INDEX KEY: 0001645466 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34693 FILM NUMBER: 22705091 MAIL ADDRESS: STREET 1: 8000 PORTOFINO CIRCLE STREET 2: APARTMENT 101 CITY: PALM BEACH GARDENS STATE: FL ZIP: 33418 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Chatham Lodging Trust CENTRAL INDEX KEY: 0001476045 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 271200777 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 222 LAKEVIEW AVENUE STREET 2: SUITE 200 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: (561) 802-4477 MAIL ADDRESS: STREET 1: 222 LAKEVIEW AVENUE STREET 2: SUITE 200 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 4 1 wf-form4_164625940179749.xml FORM 4 X0306 4 2022-03-01 0 0001476045 Chatham Lodging Trust CLDT 0001645466 Wegner Jeremy Bruce 222 LAKEVIEW AVENUE SUITE 200 WEST PALM BEACH FL 33401 0 1 0 0 Chief Financial Officer LTIP Units 2022-03-01 4 A 0 23274 0 A Common Shares 23274.0 118491 D LTIP Units 2022-03-01 4 A 0 12462 0 A Common Shares 12462.0 130953 D Represents restricted units of limited partnership interest ("LTIP Units") in Chatham Lodging, L.P. (the "Operating Partnership"), of which the Issuer is the general partner, granted to the reporting person on March 1, 2022. Vested LTIP Units, upon achieving parity with the Operating Partnership units pursuant to the terms of the Operating Partnership's limited partnership agreement, may be exchanged at any time at the election of the holder for Operating Partnership units on a one-for-one basis or, at the Issuer's option, an equivalent amount of cash. One-third of the reporting person's LTIP Units vest on each of the first three anniversaries of the date of grant, subject to the reporting person's continued employment with the Issuer. Prior to vesting, the holder is entitled to receive distributions on the LTIP units. The LTIP Units were issued pursuant to the Issuer's Equity Incentive Plan and have no expiration dates. The Company met the performance criteria under the March 1, 2019 LTIP Performance Award. This LTIP issuance represents the vesting of the award and represents restricted units of limited partnership interest ("LTIP Units") in Chatham Lodging, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. Vested LTIP Units, upon achieving parity with the Operating Partnership units pursuant to the terms of the Operating Partnership's limited partnership agreement, may be exchanged at any time at the election of the holder for Operating Partnership units on a one-for-one basis or, at the Issuer's option, an equivalent amount of cash. /s/ Dennis M. Craven, as Attorney-in-Fact 2022-03-02