Apple Hospitality REIT seeks shareholder approval for 2024 Omnibus Incentive Plan; provides dilution details

Apple Hospitality REIT, Inc.

New 2024 Plan would increase share reserve to 7,250,000 common shares, up from 5,145,772 available under expiring 2014 Plan.
As of record date Mar 26, 2024, company had 242,346,188 common shares outstanding and 1,057,961 shares subject to outstanding awards under 2014 Plan.
Outstanding options from terminated Directors' Plan: 37,382 options at weighted avg exercise price $20.50, avg remaining term 0.2 years.
If 2024 Plan not approved, company will continue granting under 2014 Plan; if approved, 2014 Plan superseded.
No stock options have been granted under the 2014 Plan.

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