SEC Form 4 · accession 0001225208-16-038944
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
Sep 3, 2016
Accepted (ET)
Sep 7, 2016 · 4:07 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 StockF1,F2 | Sep 3, 2016 | M | 638 | $0.00 | A | 49,655 | 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,F4 | — | Sep 3, 2016 | M | 638 | D | — | — | Common Stock | 638 | 0 | D |
Explanation of responses
- F1Reflects an adjustment to the Restricted Stock Units that was made in connection with the separation of the Issuer's vacation ownership business from its other businesses on May 11, 2016.
- F2Not Applicable.
- F3Restricted Stock Units are convertible into Common Stock on a one-for-one basis.
- F4Restricted Stock Units were generally convertible into Common Stock on the third anniversary of the grant date or, if earlier, the date the Reporting Person ceases to be a director.