SEC Form 4 · accession 0001225208-15-009851
STARWOOD HOTELS & RESORTS WORLDWIDE, LLC · HOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey M Cava
Officer — EVP & Chief HR Officer
Period of report
Apr 6, 2015
Accepted (ET)
Apr 8, 2015 · 7:12 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 | Apr 6, 2015 | M | 2,874 | $55.06 | A | 44,408 | D | |
| Common Stock | Apr 6, 2015 | M | 2,580 | $61.28 | A | 46,988 | D | |
| Common Stock | Apr 6, 2015 | S | 3,000 | $85.00 | D | 43,988 | D | |
| Common Stock | Apr 6, 2015 | S | 8,454 | $83.34 | D | 35,534 | D |
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)F3,F2 | $61.28 | Apr 6, 2015 | M | 2,580 | D | — | Feb 28, 2019 | Common Stock | 2,580 | 0 | D |
| Stock Options (Right to buy)F3,F4 | $55.06 | Apr 6, 2015 | M | 2,874 | D | — | Feb 28, 2020 | Common Stock | 2,874 | 3,828 | 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 March 4, 2015.
- F2This option, originally covering 13,769 shares, vests in four equal installments beginning on 02/28/2012.
- F3Not Applicable.
- F4This option, originally covering 15,324 shares, vest in four equal installments beginning on 02/28/2013.