Home/Filings/4/0001181431-07-043423
4//SEC Filing

INNKEEPERS USA TRUST/FL 4

Accession 0001181431-07-043423

CIK 0000926866operating

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 6:51 PM ET

Size

5.5 KB

Accession

0001181431-07-043423

Insider Transaction Report

Form 4
Period: 2007-06-29
CRAVEN DENNIS M
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Common Shares

    2007-06-29$17.75/sh46,211$820,2450 total
Footnotes (1)
  • [F1]Pursuant to the Merger Agreement between Innkeepers USA Trust (the "Company") and Grand Prix Holdings LLC, each common share was cancelled and converted into the right to receive $17.75 (the "Merger Consideration"). Owner's 6,250 shares deferred under the Company's executive deferred compensation plan were also converted to the right to receive the Merger Consideration. In addition, pursuant to the terms of the Merger Agreement, all unvested shares vested at the time of merger and were converted into the right to receive the Merger Consdieration, including Owner's 38,961 unvested common shares.

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
5.5 KB