GROSVENOR LC 4
4 · INTERSTATE HOTELS & RESORTS INC · Filed Jun 2, 2004
Insider Transaction Report
Form 4
CGLH PARTNERS I LP
10% Owner
Transactions
- Award
Director's Stock Option (right to buy)
2004-05-28+5,000→ 5,000 total(indirect: See)Exercise: $5.35Exp: 2014-05-28→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]Filed by CGLH Partners I LP as Designated Filer. Please see attached Joint Filer Information. Due to the electronic system's limitation of 10 Reporting Persons per joint filing, this statement is being filed in triplicate.
- [F2]The options vest with respect to 1/3 of the shares covered on each of the first, second and third anniversaries of the grant date.
- [F3]Represents options to purchase shares of the Issuer's Common Stock granted to Mr. Joseph J. Flannery as a Director of the Issuer as disclosed on a Form 4 filed on or about the date hereof by Mr. Flannery. Mr. Flannery is a Managing Director of Lehman Brothers Inc. ("LBI"), which is a wholly-owned subsidiary of Reporting Person Lehman Brothers Holdings Inc. ("LBHI"). Pursuant to Mr. Flannery's employment with LBI, LB Interstate LP LLC, a wholly-owned subsidiary of LBHI, is the beneficial owner of the options granted to Mr. Flannery reported herein. The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interests therein, if any.
- [F4]Represents options to purchase shares of the Issuer's Common Stock granted to Mr. Raymond C. Mikulich as a Director of the Issuer as disclosed on a Form 4 filed on or about the date hereof by Mr. Mikulich. Mr. Mikulich is a Managing Director of Lehman Brothers Inc. ("LBI"), which is a wholly-owned subsidiary of Reporting Person Lehman Brothers Holdings Inc. ("LBHI"). Pursuant to Mr. Mikulich's employment with LBI, LB Interstate LP LLC, a wholly-owned subsidiary of LBHI, is the beneficial owner of the options granted to Mr. Mikulich reported herein. The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interests therein, if any.