Home/Filings/4/0001181431-07-043422
4//SEC Filing

INNKEEPERS USA TRUST/FL 4

Accession 0001181431-07-043422

CIK 0000926866operating

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 6:51 PM ET

Size

23.8 KB

Accession

0001181431-07-043422

Insider Transaction Report

Form 4
Period: 2007-06-29
Transactions
  • Disposition to Issuer

    Common Shares

    2007-06-29$17.75/sh12,160$215,8400 total
  • Disposition to Issuer

    Trustee Share Option (right to buy)

    2007-06-292,0000 total
    Exercise: $7.94From: 2000-02-06Exp: 2010-02-05Common Shares (2,000 underlying)
  • Disposition to Issuer

    Trustee Share Option (right to buy)

    2007-06-291,0000 total
    Exercise: $15.00From: 1998-02-06Exp: 2008-02-05Common Shares (1,000 underlying)
Footnotes (2)
  • [F1]Pursuant to the Merger Agreement between Innkeepers USA Trust and Grand Prix Holdings LLC, each common share was cancelled and converted into the right to receive $17.75 (the "Merger Consideration").
  • [F2]Shares granted under shareholder-approved non-executive trustee share incentive plan. Pursuant to the Merger Agreement, options to acquire shares of common stock were cancelled and converted into the right to receive and amount in cash equal to the excess, if any, of the Merger Consideration over the exercise price per share.

Issuer

INNKEEPERS USA TRUST/FL

CIK 0000926866

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0000926866

Filing Metadata

Form type
4
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:51 PM ET
Size
23.8 KB