SZYMANSKI RICHARD T 4
4 · Morgans Hotel Group Co. · Filed Aug 18, 2009
Insider Transaction Report
Form 4
SZYMANSKI RICHARD T
CFO and Secretary
Transactions
- Award
Common Stock, par value $0.01 per share
2009-08-14+75,000→ 115,772 total
Footnotes (1)
- [F1]Represents restricted stock units, which represent the contingent right to receive one share of common stock, par value $0.01 per share, and will be subject to the terms and conditions of the Morgans Hotel Group Co. Amended and Restated 2007 Omnibus Incentive Plan. The restricted stock units vest one-third each year on each of the first three one-year anniversaries of the grant date and do not have an expiration date. This grant of restricted stock units represents MHGC's annual long-term incentive equity award to the reporting person. MHGC's other named executive officers received their annual long-term incentive equity awards in April 2009.