BODE CLIVE D 4
4 · LA QUINTA CORP · Filed May 28, 2004
Insider Transaction Report
Form 4
BODE CLIVE D
Director
Transactions
- Award
Paired Shares
2004-05-27$0.02/sh+6,711$134→ 2,899,547 total
Footnotes (1)
- [F1]Granted under the La Quinta Corporation 2002 Stock Option and Incentive Plan. Paired Shares are immediately vested and consist of one share of La Quinta Corporation common stock and one share of La Quinta Properties, Inc. Class B common stock, which are paired and traded as a single unit. Actual payment of paired shares will be at the earlier of (i) retirement or other termination of the director from the Board, or (ii) the later of four years from the date of grant or a date elected by the director not more than ten years after the grant date.