SEC Form 4 · accession 0001209191-17-064742
Red Lion Hotels CORP · RLH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L McKeirnan
Officer — E.V.P. & General Counsel
Period of report
Dec 6, 2017
Accepted (ET)
Dec 8, 2017 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001052595
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Dec 6, 2017 | M | 15,000 | $8.74 | A | 261,068 | D | |
| Common StockF2 | Dec 6, 2017 | S | 15,000 | $9.255 | D | 246,068 | D | |
| Common StockF2 | Dec 7, 2017 | M | 7,000 | $8.74 | A | 253,068 | D | |
| Common StockF2 | Dec 7, 2017 | S | 7,000 | $9.1578 | D | 246,068 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option - Right to BuyF3 | $8.74 | Dec 6, 2017 | M | 15,000 | D | — | May 22, 2018 | Common Stock | 15,000 | 0 | D |
| Employee Stock Option - Right to BuyF3 | $8.74 | Dec 7, 2017 | M | 7,000 | D | — | May 22, 2018 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1These transactions represent cashless exercises of 22,000 options issued to Mr. McKeirnan in 2008 with a strike price of $8.74 which were set to expire May 22, 2018.
- F2Amount includes total number of restricted stock units held.
- F3This option vested in four installments: 25% vested on May 22, 2009, 25% vested on May 22, 2010, 25% vested on May 22, 2011, and 25% vested on May 22, 2012.