SCHEETZ W EDWARD 4
4 · Morgans Hotel Group Co. · Filed Apr 20, 2009
Insider Transaction Report
Form 4
SCHEETZ W EDWARD
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2009-04-17$2.50/sh+15,000$37,500→ 1,120,000 total - Exercise of In-Money
Call Option (right to buy)
2009-04-17−150→ 0 totalExercise: $2.50Exp: 2009-04-18→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Includes 460,000 shares previously held by WES Holdings LLC, an entity of which the Reporting Person is the sole member and manager, which were transferred to the Reporting Person on April 15, 2009 and are now owned directly.
- [F2]Fifty (50) of the call options were acquired and became exercisable on December 4, 2008 and one hundred (100) of the call options were acquired and became exercisable on December 17, 2008.