4//SEC Filing
Morgans Hotel Group Co. 4
Accession 0000950138-09-000677
CIK 0001342126operating
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 9:17 PM ET
Size
20.7 KB
Accession
0000950138-09-000677
Insider Transaction Report
Form 4
SCHEETZ W EDWARD
10% Owner
Transactions
- Sale
Common Stock
2009-10-16$5.08/sh−76,971$391,113→ 1,801,899 total(indirect: By LLC) - Sale
Common Stock
2009-10-15$5.56/sh−30,000$166,680→ 1,878,870 total(indirect: By LLC) - Sale
Common Stock
2009-10-19$4.79/sh−231,050$1,106,568→ 1,570,849 total(indirect: By LLC) - Sale
Common Stock
2009-10-15$5.60/sh−35,000$196,144→ 716,130 total - Sale
Common Stock
2009-10-16$5.05/sh−50,000$252,260→ 666,130 total - Sale
Common Stock
2009-10-19$4.80/sh−76,050$365,070→ 590,080 total
Holdings
- 85,908(indirect: By LLC)
Common Stock
- 457,603(indirect: By LLC)
Common Stock
- 8,200(indirect: By Trust)
Common Stock
- 10,000(indirect: By Spouse)
Common Stock
- 30,000(indirect: By Trust)
Common Stock
- 175,000(indirect: By Trust)
Common Stock
- 8,200(indirect: By Trust)
Common Stock
Footnotes (13)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.55 to $5.65, inclusive. The Reporting Person undertakes to provide to Morgans Hotel Group Co., any security holder of Morgans Hotel Group Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (3), (6), (7), (8) and (9) to this Form 4.
- [F10]The Reporting Person is deemed to beneficially own the shares of Common Stock as the sole manager of such entity.
- [F11]The Reporting Person is deemed to beneficially own the shares of Common Stock as the sole manager of such entity.
- [F12]The Reporting Person is deemed to beneficially own the shares of Common Stock as the trustee of the Two-Year Grantor Retained Annuity Trust which directly owns such shares of Common Stock for the benefit of the Reporting Person.
- [F13]The Reporting Person is deemed to beneficially own the shares of Common Stock as the trustee of the Six-Year Grantor Retained Annuity Trust which directly owns such shares of Common Stock for the benefit of the Reporting Person.
- [F2]Includes 70,000 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 October 13, 2009 and are now owned directly.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.52 to $5.63, inclusive.
- [F4]Includes (i) 110,000 shares previously held by Crosby Holdings LLC, an entity of which WES Holdings LLC is the controlling member, which were transferred to WES Holdings LLC on May 18, 2009, (ii) 326,370 shares previously held directly by the Reporting Person which were transferred to WES Holdings LLC on May 18, 2009 and (iii) 112,500 shares previously held directly by the Reporting Person which were transferred to WES Holdings LLC on May 21, 2009.
- [F5]The Reporting Person is deemed to beneficially own the shares of Common Stock as the sole member and manager of such entity.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.15, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.50, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.75 to $5.05, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.68 to $5.05, inclusive.
Issuer
Morgans Hotel Group Co.
CIK 0001342126
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001342126
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 9:17 PM ET
- Size
- 20.7 KB