Sec Form 4 Filing - Martin Jeffrey L @ LaSalle Hotel Properties - 2017-01-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Martin Jeffrey L
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)
(Last) (First) (Middle)
C/O LASALLE HOTEL PROPERTIES, 7550 WISCONSIN AVE, 10TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
01/03/2017
(Street)
BETHESDA, MD20814
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 ) 01/03/2017 A 1,280 ( 3 ) ( 3 ) Common Shares of Beneficial Interest 1,280 ( 4 ) 1,280 ( 5 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Martin Jeffrey L
C/O LASALLE HOTEL PROPERTIES
7550 WISCONSIN AVE, 10TH FLOOR
BETHESDA, MD20814
X
Signatures
/s/ Kenneth G. Fuller, Attorney-in-Fact for Jeffrey L. Martin 01/05/2017
Signature of Reporting Person Date
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 Company's common shares of beneficial interest, par value $0.01 per share ("Common Shares"), for the year ended December 31, 2016, which was $25.1401.
( 2 )Deferred Shares are exchangeable on a 1-for-1 basis into Common Shares.
( 3 )Common Shares are issuable in exchange for Deferred Shares on a 1-for-1 basis 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 NYSE during the 10 trading days preceding the first day on which the Common Shares begin trading without entitlement to the applicable dividend.

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