SEC Form 4 · accession 0001225208-16-023640
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
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 8:44 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 | Dec 31, 2015 | M | 775 | $0.00 | A | 46,042 | 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 | — | Dec 31, 2015 | M | 775 | D | Dec 31, 2015 | — | Common Stock | 775 | 0 | D |
| Restricted Stock UnitsF1,F2,F3 | — | Dec 31, 2015 | A | 564 | A | Dec 31, 2018 | — | Common Stock | 564 | 564 | D |
Explanation of responses
- F1Not Applicable.
- F2Restricted Stock Units are convertible into Common Stock on a one-for-one basis.
- F3Restricted 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.
- F4Restricted Stock Units accrued under the Starwood Hotels & Resorts Worldwide, Inc. 2013 Long-Term Incentive Compensation Plan by Reporting Person as fees for serving as Chairman of Starwood's Board of Directors.