SEC Form 4 · accession 0001209191-16-099291
Sunstone Hotel Investors, Inc. · SHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John V Arabia
Officer — President & CEO · Director
Period of report
Jan 30, 2015
Accepted (ET)
Feb 17, 2016 · 4:45 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 | 1,825 | — | A | 484,608 | D | |
| Common StockF2 | Jan 29, 2016 | J | 24,976 | — | A | 509,584 | D | |
| Common StockF3 | Feb 13, 2016 | F | 6,286 | — | D | 503,298 | D | |
| Common StockF4 | Feb 15, 2016 | F | 8,912 | — | D | 494,386 | D | |
| Common StockF5 | Feb 15, 2016 | F | 10,683 | — | D | 483,703 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person failed to timely report the inadvertent acquisition of an aggregate of 1,825.2419 shares of Sunstone Hotel Investors, Inc. common stock on January 30, 2015, April 15, 2015, July 15, 2015 and October 15, 2015, due to simple oversight and third-party failure to restrict automated reinvestment of dividends. None of the acquisitions resulted in a short swing trade.
- F2Reflects shares of common stock received in connection with the dividend paid by Sunstone Hotel Investors, Inc. on January 29, 2016 to stockholders of record as of December 31, 2015.
- F3On February 13, 2016, 16,727 restricted shares of common stock of Sunstone Hotel Investors, Inc. (awarded to the Reporting Person on February 13, 2015) vested, and 6,286 shares of common of stock Sunstone Hotel Investors, Inc. were withheld to satisfy tax withholding obligations. The closing price on February 12, 2016 (as February 13, 2016 fell on a weekend) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $11.94 per share.
- F4On February 15, 2016, 23,715 restricted shares of common stock of Sunstone Hotel Investors, Inc. (awarded to the Reporting Person on February 15, 2013) vested, and 8,912 shares of common stock of Sunstone Hotel Investors, Inc. were withheld to satisfy tax withholding obligations. The closing price on February 12, 2016 (as February 15, 2016 fell on a holiday) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $11.94 per share.
- F5On February 15, 2016, 25,751 restricted shares of common stock of Sunstone Hotel Investors, Inc. (awarded to the Reporting Person on February 15, 2013) vested, and 10,683 shares of common stock of Sunstone Hotel Investors, Inc. were withheld to satisfy tax withholding obligations. The closing price on February 12, 2016 (as February 15, 2016 fell on a holiday) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $11.94 per share.