Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | |||||||||||||||||||||||||||||||||||||||||||
Equity | Common Shares of Beneficial Interest, $.01 par value per share | Other | 2,900,000 | (2) | $ | 14.94 | (3) | $ | 43,326,000 | 0.00014760 | $ | 6,394.92 | ||||||||||||||||||||||||||||||||||||||
Total Offering Amounts | $ | 43,326,000 | $ | 6,394.92 | ||||||||||||||||||||||||||||||||||||||||||||||
Total Fee Offsets | — | — | ||||||||||||||||||||||||||||||||||||||||||||||||
Net Fee Due | $ | 6,394.92 |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement also registers any additional securities of the Registrant that become issuable under the Elme Communities 2016 Omnibus Incentive Plan (as amended and restated effective as of May 30, 2024) (the “Plan”) in connection with share splits, share dividends, recapitalizations, or similar transactions. | |||||||
(2) | The Plan authorizes the issuance of up to 5,300,000 common shares of beneficial interest, par value $0.01 per share (“Common Shares”), including the 2,900,000 shares of Common Shares registered hereby. | |||||||
(3) | Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(c) and Rule 457(h)(1) under the Securities Act, the proposed maximum offering price per share and the proposed maximum aggregate offering price have been determined on the basis of the average of the high and low prices of our Common Shares as reported on the New York Stock Exchange on May 29, 2024. |