4//SEC Filing
Morgans Hotel Group Co. 4
Accession 0001123292-13-001355
CIK 0001342126operating
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 4:18 PM ET
Size
7.4 KB
Accession
0001123292-13-001355
Insider Transaction Report
Form 4
GROSS MICHAEL JONATHAN
Director
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2013-08-30$6.87/sh−31,743$218,074→ 76,025 total - Award
Common Stock, par value $0.01 per share
2013-08-30+83,334→ 107,768 total
Footnotes (3)
- [F1]Represents restricted stock units granted to the reporting person which are subject to the terms and conditions of the Morgans Hotel Group Co. Amended and Restated 2007 Omnibus Incentive Plan, as amended. The restricted stock units vest 58,334 units on the grant date, August 30, 2013, and 25,000 units on the first anniversary of the grant date, August 30, 2014.
- [F2]Pursuant to the letter agreement, dated August 30, 2013, between the reporting person and the issuer, 291,242 restricted stock units that had been granted but were unvested as of August 30, 2013, expired and were forfeited as of August 30, 2013.
- [F3]Represents shares of common stock withheld pursuant to the Morgans Hotel Group Co. Amended and Restricted 2007 Omnibus Incentive Plan, as amended, to satisfy the reporting person's tax obligation upon the vesting and/or settlement of 82,768 restricted stock units on August 30, 2013. In addition to the 58,334 immediately vesting restricted stock units reported herein, the grants of restricted stock units to which the withholding relates were reported in Forms 4 filed on October 29, 2009 (16,129 units) and May 24, 2010 (8,305 units). The reporting person ceased to be an officer of the issuer on August 30, 2013.
Documents
Issuer
Morgans Hotel Group Co.
CIK 0001342126
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001342126
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 4:18 PM ET
- Size
- 7.4 KB