SEC Form 4 · accession 0001225208-15-008542
STARWOOD HOTELS & RESORTS WORLDWIDE, LLC · HOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon Turner
Officer — President, Global Development
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 6:44 pm EDT
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 Stock | Mar 23, 2015 | M | 14,189 | $55.06 | A | 124,201 | D | |
| Common Stock | Mar 23, 2015 | M | 12,748 | $61.28 | A | 136,949 | D | |
| Common StockF2,F3 | Mar 23, 2015 | S | 22,795 | $83.96 | D | 114,154 | D | |
| Common Stock | holding | — | — | — | 280 | I | Jeri Roche Turner ACF Jesseca L. Turner U/NY/UTMA Until Age 21 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy)F5,F4 | $61.28 | Mar 23, 2015 | M | 12,748 | D | — | Feb 28, 2019 | Common Stock | 12,748 | 0 | D |
| Stock Options (Right to buy)F5,F6 | $55.06 | Mar 23, 2015 | M | 14,189 | D | — | Feb 28, 2020 | Common Stock | 14,189 | 14,189 | D |
Explanation of responses
- F1The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2015.
- F2The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide the staff or the SEC, the issuer, or a stockholder of the issuer, upon request, the number of shares sold at each separate price within the range.
- F3Sales prices range from $83.67 to $84.41 per share, inclusive.
- F4This option, orignally covering 50,995 shares, vested in four equal annual installments beginning on 02/28/2012.
- F5Not Applicable.
- F6This option, originally covering 56,756 shares, vests in four equal annual installments beginning on 02/28/2013.