Maryland | 001-34693 | 27-1200777 |
(State or Other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
222 Lakeview Avenue, Suite 200 West Palm Beach, Florida | 33401 |
(Address of principal executive offices) | (Zip Code) |
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Jeffrey H. Fisher, the Company’s Chairman, President and Chief Executive Officer, received $850,000. | |||
Dennis M. Craven, the Company’s Executive Vice President and Chief Operating Officer, received $337,500. | |||
Peter Willis, the Company’s Executive Vice President and Chief Investment Officer, received $250,000. | |||
Jeremy Wegner, the Company’s Senior Vice President and Chief Financial Officer, received $256,500. |
Name | 2017 Base Salary |
Jeff Fisher | $600,000 |
Dennis Craven | $375,000 |
Peter Willis | $345,000 |
Jeremy Wegner | $285,000 |
Name | Number of Time-Based LTIP Units Awards | Grant Date Fair Value |
Jeff Fisher | TBD | $880,000 |
Dennis Craven | TBD | $400,000 |
Peter Willis | TBD | $140,000 |
Jeremy Wegner | TBD | $166,000 |
Relative TSR Hurdles (Percentile) | Payout Percentage | |
Threshold | 25th | 50% |
Target | 50th | 100% |
Maximum | 75th | 150% |
Name | Number of Performance-Based LTIP Units Awards | Grant Date Fair Value |
Jeff Fisher | TBD | $1,320,000 |
Dennis Craven | TBD | $600,000 |
Peter Willis | TBD | $210,000 |
Jeremy Wegner | TBD | $249,000 |
Exhibit No. | Description | |
99.1 | Press release dated February 23, 2017 |
CHATHAM LODGING TRUST | ||||
February 23, 2017 | By: | /s/ Jeremy B. Wegner | ||
Name: Jeremy B. Wegner | ||||
Title: Senior Vice President and Chief Financial Officer |
For Immediate Release | Exhibit 99.1 |
Contact: | |
Chris Daly | Dennis Craven |
Daly Gray Public Relations | Chief Operating Officer |
(Media) | (Company) |
chris@dalygray.com | dcraven@cl-trust.com |
(703) 435-6293 | (561) 227-1386 |
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