INNKEEPERS USA TRUST/FL 4
4 · INNKEEPERS USA TRUST/FL · Filed Jul 2, 2007
Insider Transaction Report
Form 4
Mielbye Richard A
Sr Vice President-Development
Transactions
- Disposition to Issuer
Common Shares
2007-06-29$17.75/sh−17,437$309,507→ 0 total
Footnotes (1)
- [F1]Pursuant to 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"). In addition, pursuant to the terms of the Merger Agreement, all unvested shares vested at the time of the merger and were converted into the right to receive the Merger Consideration, including Owner's 16,187 unvested common shares.