4//SEC Filing
FAY GREGORY M 4
Accession 0001181431-04-000527
CIK 0000926866other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 1:06 PM ET
Size
6.6 KB
Accession
0001181431-04-000527
Insider Transaction Report
Form 4
FAY GREGORY M
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Shares
2004-01-01$8.37/sh−7,000$58,590→ 48,885 total - Award
Phantom Share Units
2004-01-01$8.37/sh+7,000$58,590→ 22,000 total→ Common Shares (7,000 underlying)
Footnotes (3)
- [F1]Restricted shares deferred under Registrant's executive and trustee deferred compensation plan. These shares were granted to the filer under the Registrant's shareholder-approved share incentive plan, subject to vesting requirements. The filer has elected to defer receipt of ownership of these shares, in accordance with the deferred compensation plan.
- [F2]Upon deferral of the shares indicated on Part I of this Form 4, the filer received (a) the right to continue to receive cash payments in the amount of dividends that would have been paid on the shares had they not been deferred (subject to the filer's ability to separately elect to defer receipt of such payments) and (b) the right to receive from the Registrant an equivalent number of shares upon the occurrence of one or more future events that are specified by the filer prior to the deferral, all in accordance with the deferred compensation plan and all subject to the approval of the Compensation Committee of the Registrant's Board of Trustees.
- [F3]Closing price of Registrant's Common Shares on the trading day next preceding the Transaction Date, on the New York Stock Exchange.
Documents
Issuer
INNKEEPERS USA TRUST/FL
CIK 0000926866
Entity typeother
Related Parties
1- filerCIK 0001252990
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 1:06 PM ET
- Size
- 6.6 KB