INNKEEPERS USA TRUST/FL 4/A
4/A · INNKEEPERS USA TRUST/FL · Filed Jun 1, 2006
Insider Transaction Report
Form 4/AAmended
DEBOER JACK P
Other
Transactions
- Conversion
Class B Units
2006-05-26−1,059,749→ 9,966 total(indirect: See footnote)→ Common Shares (1,059,749 underlying) - Conversion
Common Shares
2006-05-26+1,059,749→ 1,069,131 total - Gift
Class B Units
2006-05-25−81,000→ 1,069,715 total(indirect: See footnote)→ Common Shares (81,000 underlying)
Footnotes (7)
- [F1]Received in redemption of Class B Units. See footnotes (3) and (5) below.
- [F2]This amount includes 667,950 common shares owned by the filer's wife and adult children, of which the filer disclaims beneficial ownership.
- [F3]Each Class B Preferred Unit of limited partnership interest ("Class B Units") in Innkeepers USA Limited Partnership, a subsidiary of the Registrant, is redeemable at any time at the option of the holder, for one Common Share of the Registrant (or, in the discretion of the Registrant, an equivalent value in cash).
- [F4]77,685 owned directly and the balance owned by partnerships controlled by the filer.
- [F5]Redeemed in accordance with the rights described in footnote (3) above.
- [F6]Includes Class B Units distributed from partnerships immediately prior to redemption.
- [F7]Owned by partnerships controlled by the filer.