secwatch.observer — SEC 8-K summary
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Issuer:     Apple Hospitality REIT, Inc. (APLE)
CIK:        0001418121
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0000950170-24-049158
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Apple Hospitality REIT seeks shareholder approval for 2024 Omnibus Incentive Plan; provides dilution details
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- 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- If 2024 Plan not approved, company will continue granting under 2014 Plan; if approved, 2014 Plan superseded.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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418121/000095017024049158/0000950170-24-049158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418121/000095017024049158/aple-20240426.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-049158

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer