SEC Form 4 · accession 0001225208-16-028351
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
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 6:43 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 Stock | Feb 23, 2016 | M | 3,087 | $48.605 | A | 18,061 | D | |
| Common StockF1 | Feb 23, 2016 | S | 3,087 | $66.9139 | D | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy)F2 | $48.605 | Feb 23, 2016 | M | 3,087 | D | Feb 28, 2008 | Feb 28, 2016 | Common Stock | 3,087 | 0 | D |
Explanation of responses
- F1The number of securities reported represents an aggregate number of shares sold in multiple open market transactions between two sales prices. The price reported represents the weighted average price. Sales prices were $66.91 and $66.93 per share. 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.
- F2Not Applicable.