SEC Form 4 · accession 0001209191-19-009424
Sunstone Hotel Investors, Inc. · SHO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Springer
Officer — Chief Investment Officer
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 5:31 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 | Feb 8, 2019 | A | 68,727 | — | A | 322,318 | D | |
| Common StockF2 | Feb 9, 2019 | F | 10,952 | — | D | 311,366 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 8, 2019, Sunstone Hotel Investors, Inc. (the "Company") granted 68,727 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.
- F2On February 9, 2019, 20,774 restricted shares of common stock of Sunstone Hotel Investors, Inc. (awarded to the Reporting Person on February 9, 2018) vested, and 10,952 shares of common stock of Sunstone Hotel Investors, Inc. were withheld to satisfy tax withholding obligations. The closing price on February 8, 2019 (as February 9, 2019 fell on a weekend) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $14.33 per share.