SEC Form 4 · accession 0001209191-15-003766
La Quinta Holdings Inc. · LQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith A. Cline
Officer — See remarks
Period of report
Jan 8, 2015
Accepted (ET)
Jan 12, 2015 · 6:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594617
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 8, 2015 | S | 66,256 | $21.55 | D | 99,384 | I | By limited liability company |
| Common Stock | holding | — | — | — | 88,567 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 15, 2014.
- F2This price represents the weighted average sale price per share of common stock of La Quinta Holdings Inc. (the "Issuer"), of sales that were executed in multiple transactions at prices ranging from $21.50 to $21.615 per share, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Remarks
Title: Executive Vice President and Chief Financial Officer. Mr. Cline disclaims beneficial ownership of shares reported herein except to the extent of his pecuniary interest therein.