SEC Form 4 · accession 0001225208-15-006607
STARWOOD HOTELS & RESORTS WORLDWIDE, LLC · HOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen R Quazzo
Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 5:17 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 | Feb 28, 2015 | M | 1,649 | $0.00 | A | 9,866 | D | |
| Common StockF1 | Feb 28, 2015 | M | 1,135 | $0.00 | A | 11,001 | D | |
| Common StockF1 | Feb 28, 2015 | G | 2,784 | $0.00 | D | 8,217 | D | |
| Common StockF1,F2 | Feb 28, 2015 | G | 2,784 | $0.00 | A | 44,586 | I | Stephen Quazzo Trust |
| Common StockF3 | holding | — | — | — | 4,500 | I | Benjamin C. Quazzo Minority Trust | |
| Common Stock | holding | — | — | — | 397 | I | By Spouse | |
| Common StockF4 | holding | — | — | — | 4,500 | I | Caroline T. Quazzo Minority Trust | |
| Common StockF5 | holding | — | — | — | 4,500 | I | Christopher H. Quazzo Minority 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,F6,F8 | — | Feb 27, 2015 | A | 1,688 | A | Feb 27, 2016 | — | Common Stock | 1,688 | 1,688 | D |
| Restricted Stock UnitsF1,F6,F9 | — | Feb 28, 2015 | M | 1,135 | D | Feb 28, 2015 | — | Common Stock | 1,135 | 0 | D |
| Restricted Stock UnitsF1,F6,F8 | $0.00 | Feb 28, 2015 | M | 1,649 | D | Feb 28, 2015 | — | Common Stock | 1,649 | 0 | D |
Explanation of responses
- F1Not Applicable.
- F2Shares reported are registered to Stephen Quazzo TTEE for Stephen Quazzo Trust UADID 11/09/95 of which the Reporting Person is the settlor and over which he exercises some investment control.
- F3Shares reported are registered to Benjamin C. Quazzo Minority Trust dated October 21, 1993, of which Reporting Person is the settlor and over which he exercises some investment control.
- F4Shares reported are registered to Caroline T. Quazzo Minority Trust dated October 21, 1993, of which Reporting Person is the settlor and over which he exercises some investment control.
- F5Shares reported are registered to Christopher H. Quazzo Minority Trust dated September 6, 1997, of which Reporting Person is the settlor and over which he exercises some investment control.
- F6Restricted Stock Units are convertible into Common Stock on a one-for-one basis.
- F7Under the terms of Starwood's 2013 Long-Term Incentive Compensation Plan (the "LTIP"), Directors of Starwood receive an annual grant of restricted stock units in amounts specified by the LTIP.
- F8Restricted Stock Units are converted into Common Stock on the first anniversary of the grant date or, if earlier, the date the Reporting Person ceases to be a director.
- F9Restricted Stock Units are converted into Common Stock on the third anniversary of the grant date or, if earlier, the date the Reporting Person ceases to be a director.