SEC Form 4 · accession 0001209191-15-028255
La Quinta Holdings Inc. · LQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark M. Chloupek
Officer — See remarks
Period of report
Mar 18, 2015
Accepted (ET)
Mar 20, 2015 · 5:02 pm EDT
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 StockF2 | Mar 18, 2015 | S | 4,800 | $23.76 | D | 163,417 | D | |
| Common StockF3 | Mar 19, 2015 | S | 5,200 | $23.78 | D | 158,217 | 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.
- 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 $23.75 to $23.77 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.
- F3This price represents the weighted average sale price per share of common stock of the Issuer of sales that were executed in multiple transactions at prices ranging from $23.75 to $23.80 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, Secretary and General Counsel