4//SEC Filing
INNKEEPERS USA TRUST/FL 4
Accession 0001181431-07-043429
CIK 0000926866operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:53 PM ET
Size
19.7 KB
Accession
0001181431-07-043429
Insider Transaction Report
Form 4
ZEMANS JOEL F
Other
Transactions
- Sale
Series C Preferred Shares
2007-06-28$21.55/sh−400$8,620→ 0 total - Sale
Series C Preferred Shares
2007-06-28$21.44/sh−200$4,288→ 0 total - Disposition to Issuer
Common Shares
2007-06-29$17.75/sh−15,902$282,261→ 0 total - Disposition to Issuer
Trustee Share (right to buy)
2007-06-29−2,000→ 0 totalExercise: $7.21From: 2001-11-11Exp: 2011-11-10→ Common Shares (2,000 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 an amount in cash equal to the excess, if any, of the Merger Consideration over the exercise price per share.
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, 6:53 PM ET
- Size
- 19.7 KB