SEC Form 4 · accession 0001225208-16-024580
STARWOOD HOTELS & RESORTS WORLDWIDE, LLC · HOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lizanne Galbreath
Director
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 8:04 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 | Jan 15, 2016 | M | 1,281 | $0.00 | A | 14,974 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2,F3 | — | Jan 15, 2016 | M | 1,281 | D | — | — | Common Stock | 1,281 | 16,551 | D |
Explanation of responses
- F1Not Applicable.
- F2Phantom stock is convertible into Common Stock on a one-for-one basis.
- 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 of the third year after the year in which such Common Stock would have been issued to the Reporting Person had the Reporting Person not elected deferral, or, if earlier, in the first quarter of the frst calendar year following the calendar year in which Reporting Person ceases to be a director.