SEC Form 4 · accession 0001225208-15-001665
STARWOOD HOTELS & RESORTS WORLDWIDE, LLC · HOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce W Duncan
Director
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 4:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000316206
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2015 | M | 596 | $0.00 | A | 39,512 | D | |
| Common StockF1 | Jan 15, 2015 | M | 596 | $0.00 | A | 40,108 | D | |
| Common StockF1 | Jan 15, 2015 | M | 50 | $0.00 | A | 40,158 | D | |
| Common Stock | holding | — | — | — | 71,366 | I | Bruce W. Duncan Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Jan 15, 2015 | M | 596 | D | Mar 31, 2010 | — | Common Stock | 596 | 0 | D |
| Restricted Stock UnitsF1,F2,F3 | — | Jan 15, 2015 | M | 50 | D | Sep 30, 2010 | — | Common Stock | 50 | 0 | D |
| Restricted Stock UnitsF1,F2,F3 | — | Jan 15, 2015 | M | 596 | D | Dec 31, 2010 | — | Common Stock | 596 | 0 | D |
Explanation of responses
- F1Not Applicable.
- F2Restricted Stock Units are convertible into Common Stock on a one-for-one basis.
- F3Restricted Stock Units vested on the third anniversary of the grant date. As per the terms of Reporting Person's Deferral Agreement, Restricted Stock Units will convert into Common Stock and will be distributed on January 15 of the fifth year following the vesting date, or, if earlier, the date the Reporting Person ceases to be a director.