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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 11/15/20 |
Issuer: |
| Issuer CIK: 1511337 |
| Issuer Name: RLJ Lodging Trust |
| Issuer Trading Symbol: RLJ |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1188283 |
| | Owner Name: JOHNSON ROBERT L |
| Reporting Owner Address: |
| | Owner Street 1: C/O RLJ LODGING TRUST |
| | Owner Street 2: 3 BETHESDA METRO CENTER, SUITE 1000 |
| | Owner City: BETHESDA |
| | Owner State: MD |
| | Owner ZIP Code: 20814 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Executive Chairman |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Shares |
| | Transaction Date: |
| | | Value: 11/15/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,017 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 11.71 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,240,853 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: OP Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 335,250 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 335,250 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted common shares. |
| Footnote - F2: "OP Units" represent limited partner interests of RLJ Lodging Trust, L.P., the operating partnership (the "OP") of the Issuer, of which the Issuer is the sole general partner. OP Units are redeemable beginning one year after the date of issuance for cash equal to the then current market value of one common share of the Issuer or, at the election of the Issuer, an equal number of common shares of the Issuer. |
| Footnote - F3: All of these OP Units are immediately redeemable (subject to certain limitations set forth in the agreement of limited partnership of the OP). OP Units have no expiration date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Anita Cooke Wells, Attorney-in-Fact |
| Signature Date: 11/17/20 |