SEC Form 4 · accession 0001209191-15-045548
Morgans Hotel Group Co. · MHGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Dougherty
Director
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 6:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001342126
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 19, 2015 | A | 15,082 | $0.00 | A | 28,069 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units issued to the reporting person as an annual retainer fee pursuant to the Company's Director Compensation Policy, which has previously been approved by the Company's Board of Directors. The restricted stock units are subject to the terms and conditions of the Morgans Hotel Group Co. Amended and Restated 2007 Omnibus Incentive Plan, as amended, and vest on May 13, 2016, unless, in certain circumstances, the reporting person departs the Company prior to such date, in which case the restricted stock units will vest pro rata on the date of such departure.