4//SEC Filing
INNKEEPERS USA TRUST/FL 4
Accession 0001181431-07-043426
CIK 0000926866operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:52 PM ET
Size
20.3 KB
Accession
0001181431-07-043426
Insider Transaction Report
Form 4
RUHFUS ROLF E
Other
Transactions
- Disposition to Issuer
Common Units of Limited Partnership Interest
2007-06-29−27,276→ 0 total→ Common Shares (27,276 underlying) - Disposition to Issuer
Common Shares
2007-06-29$17.75/sh−32,600$578,650→ 0 total - Disposition to Issuer
Trustee Share Option (right to buy)
2007-06-29−2,000→ 0 totalExercise: $9.25From: 2000-06-20Exp: 2010-06-19→ Common Shares (2,000 underlying)
Footnotes (4)
- [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 an amount in cash equal to the excess, if any, of the Merger Consideration over the exercise price per share.
- [F3]Prior to the Merger Agreement, unit holders had the right to elect at any time to redeem the each unit for one Common Share of the Registrant (or, in the discretion o f the Registrant, an equivalent value in cash). Pursuant to the Merger Agreement, filer elected to convert units into the right to receive the Merger Consideration.
- [F4]Includes units owned by partnerships affiliated with the filer, of which the filer disclaimed beneficial ownership of 12,961 Common Units.
Documents
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, 6:52 PM ET
- Size
- 20.3 KB