SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SCOTT STUART L

(Last) (First) (Middle)
C/O LASALLE HOTEL PROPERTIES
7550 WISCONSIN AVE, 10TH FLOOR

(Street)
BETHESDA MD 20814

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LaSalle Hotel Properties [ LHO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Common Shares of Beneficial Interest(1) (2) 01/02/2018 A 5,832 (3) (3) Common Shares of Beneficial Interest 5,832 (4) 84,433(5) D
Explanation of Responses:
1. Deferred common shares of beneficial interest ("Deferred Shares") were received in payment of the retainer for service as Trustee. The Deferred Shares were valued at the average closing price of the common shares for the year ended December 31, 2017, which was $29.1501.
2. Deferred Shares are exchangeable on a 1-for-1 basis into common shares.
3. Pursuant to the Trustee Fee Deferral Program, common shares are issuable in exchange for Deferred Shares on a 1-for-1 basis on January 31st (or in five equal annual installments beginning on January 31st) of the year following the year in which the holder thereof ceases to serve on the Board of Trustees of LaSalle Hotel Properties.
4. No price is given as the Deferred Shares are not purchased by the reporting person. See footnote (1) above.
5. Holders of Deferred Shares receive additional Deferred Shares in an amount equal to the amount of any dividends paid on the common shares exchangeable for the outstanding Deferred Shares, divided by the average closing price of the common shares on the New York Stock Exchange during the 10 trading days preceding the first day on which the common shares begin trading without entitlement to the applicable dividend. Includes an additional 4,681 Deferred Shares received in lieu of dividends paid on the common shares exchangeable for the outstanding Deferred Shares during the year ended December 31, 2017.
Remarks:
/s/ Kenneth G. Fuller, Attorney-in-Fact for Stuart L. Scott 01/03/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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