SEC Form 4 · accession 0001209191-16-152323
La Quinta Holdings Inc. · LQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitesh B. Shah
Director
Period of report
Jul 24, 2016
Accepted (ET)
Nov 29, 2016 · 5:24 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 | Jul 24, 2016 | M | 755 | $0.00 | A | 5,980 | D | |
| Common StockF1 | Nov 25, 2016 | M | 287 | $0.00 | A | 6,267 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jul 24, 2016 | M | 755 | D | — | — | Common Stock | 755 | 1,509 | D |
| Restricted Stock UnitsF2,F4 | — | Nov 25, 2016 | M | 287 | D | — | — | Common Stock | 287 | 287 | D |
Explanation of responses
- F1Represents shares of common stock of La Quinta Holdings Inc. (the "Issuer") acquired upon the vesting of the restricted stock units ("RSUs") indicated in Table II.
- F2Each RSU represents a contingent right to receive one share of the Issuer's common stock payable in common stock, cash or a combination thereof at the discretion of the Issuer's Compensation Committee.
- F3On July 24, 2015, the reporting person was granted 2,264 restricted stock units, vesting in three equal annual installments beginning on July 24, 2016.
- F4On November 25, 2014, the reporting person was granted 861 restricted stock units, vesting in three equal annual installments beginning on November 25, 2015.