SEC Form 4 · accession 0001225208-15-009401
STARWOOD HOTELS & RESORTS WORLDWIDE, LLC · HOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Hippeau
Director
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 8:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000316206
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF4,F1,F3 | — | Mar 31, 2015 | A | 278 | A | — | — | Common Stock | 278 | 29,950 | D |
Explanation of responses
- F1Phantom stock is convertible into Common Stock on a one-for-one basis.
- F2Pursuant to the Starwood Hotels & Resorts Worldwide, Inc. 2013 Long-Term Incentive Compensation Plan, directors' fees are accrued quarterly at the end of each quarter.
- F3As per the terms of Reporting Person's Deferral Agreement, Phantom Stock will convert into Common Stock and will be distributed to the Reporting Person on January 15, 2018 or if earlier, in the first quarter of the first calendar year following the calendar year in which Reporting Person ceases to be a director.
- F4Not Applicable.