SEC Form 4 · accession 0001209191-15-015386
Sunstone Hotel Investors, Inc. · SHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Andrew Hoffman
Officer — Chief Operating Officer
Period of report
Jan 30, 2015
Accepted (ET)
Feb 18, 2015 · 4:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001295810
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 30, 2015 | J | 995 | — | A | 166,445 | D | |
| Common StockF2 | Feb 13, 2015 | A | 50,741 | — | A | 217,186 | D | |
| Common StockF3 | Feb 15, 2015 | F | 8,968 | — | D | 208,218 | D | |
| Common StockF4 | Feb 16, 2015 | F | 6,734 | — | D | 201,484 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects shares of common stock received in connection with the dividend paid by Sunstone Hotel Investors, Inc. on January 30, 2015 to stockholders of record as of December 31, 2014.
- F2On February 13, 2015, Sunstone Hotel Investors, Inc. (the "Company") granted 50,741 restricted shares of common stock to the Reporting Person pursuant to its 2004 Long-Term Incentive Plan. Such shares are subject to the satisfaction of vesting requirements over a three-year period.
- F3On February 15, 2015, 23,715 restricted shares of common stock (awarded to the Reporting Person on February 15, 2013) vested, and 8,968 shares of common stock were withheld to satisfy tax withholding obligations. The closing price on February 13, 2015 (as February 15, 2015 fell on a weekend) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $17.49 per share.
- F4On February 16, 2015, 17,920 restricted shares of common stock (awarded to the Reporting Person on February 16, 2012) vested, and 6,734 shares of common stock were withheld to satisfy tax withholding obligations. The closing price on February 13, 2015 (as February 16, 2015 fell on a weekend) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $17.49 per share.