Sunstone Hotel Investors, Inc. 4
4 · Sunstone Hotel Investors, Inc. · Filed Feb 18, 2005
Insider Transaction Report
Form 4
Stougaard Gary A
Exec VP and CIO
Transactions
- Award
Common Stock
2005-02-16+69,079→ 83,942 total - Disposition to Issuer
Restricted Stock Units
2005-02-16−69,079→ 0 total→ Common Stock (69,079 underlying)
Footnotes (1)
- [F1]On October 26, 2004, Mr. Stougaard was granted an aggregate of 92,105 restricted stock units, subject to the satisfaction of vesting requirements over a five-year period. On October 26, 2004, 23,026 restricted stock units vested, and 8,163 shares of Common Stock were withheld to satisfy tax withholding obligations. On February 16, 2004, Mr. Stougaard executed the Restricted Stock Unit Cancellation and Termination Agreement, in which Sunstone Hotel Investors, Inc. agreed to grant to Mr. Stougaard 69,079 shares of restricted stock in consideration for the termination of the unvested restricted stock units.