STRATEGIC HOTEL CAPITAL LLC 4
4 · STRATEGIC HOTEL CAPITAL INC · Filed Jul 5, 2005
Insider Transaction Report
Form 4
STRATEGIC HOTEL CAPITAL LLC
10% Owner
Transactions
- Other
Operating Partnership Units (Right to Acquire)
2005-06-30−5,106,551→ 0 total(indirect: By Partnership)→ Common (5,106,551 underlying)
Footnotes (5)
- [F1]Holders of units are entitled to present them for redemption for a cash amount equal to the then-fair market value of an equal number of shares of common stock of Strategic Hotel Capital, Inc. (referred to herein as SHC) or, in SHC's sole discretion, an equal number of shares of SHC common stock.
- [F2]Pro rata distribution to members for no consideration.
- [F3]Units are eligible to be presented for redemption in accordance with the terms and limitations set forth in the Limited Liability Company Agreement of Strategic Hotel Funding, L.L.C.
- [F4]There is no expiration date.
- [F5]The units were held indirectly through an affiliate, Strategic Hotel Capital Limited Partnership, of which the reporting person is the general partner. The reporting person disclaims beneficial ownership except to the extent of its pecuniary interest and this report shall not be deemed an admission that the reporting person was the beneficial owner of such securities for purposes of Section 16 or for any other purpose.