SEC Form 4 · accession 0001070750-18-000036
HOST HOTELS & RESORTS, INC. · HST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian G Macnamara
Officer — SVP, Controller
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 6:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070750
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 8, 2018 | A | 8,140 | $18.75 | A | 62,215 | D | |
| Common Stock | Feb 8, 2018 | F | 3,908 | $18.75 | D | 58,307 | D | |
| Common Stock | Feb 8, 2018 | A | 3,965 | $18.75 | A | 62,272 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $14.20 | holding | — | — | — | Dec 31, 2016 | Feb 4, 2026 | Common Stock | 8,000 | 8,000 | D |
| Non-Qualified Stock Option (right to buy) | $19.57 | holding | — | — | — | Dec 31, 2014 | Jan 22, 2024 | Common Stock | 5,032 | 5,032 | D |
| Non-Qualified Stock Option (right to buy) | $23.76 | holding | — | — | — | Dec 31, 2015 | Jan 15, 2025 | Common Stock | 4,547 | 4,547 | D |
Explanation of responses
- F1On February 13, 2017, the reporting person was granted an award of restricted stock units, which vest in the form of common stock based upon the Issuer's (i) performance against certain strategic objective goals and (ii) total shareholder return (TSR) as compared to the Relative Lodging TSR, Relative NAREIT TSR, and Relative S&P 500 TSR. On February 8, 2018, the Compensation Committee of the Issuer's Board of Directors determined that a portion of the performance goals had been met, resulting in the vesting of these shares.
- F2These shares represent restricted stock units which vest in three equal annual installments beginning on the first anniversary of the grant date and will be settled in shares of the Issuer's common stock.