4//SEC Filing
PERKINS DONALD S 4
Accession 0001181431-10-001142
CIK 0001053532other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:41 PM ET
Size
7.0 KB
Accession
0001181431-10-001142
Insider Transaction Report
Form 4
PERKINS DONALD S
Director
Transactions
- Award
Deferred Common Shares of Beneficial Interest
2010-01-01+8,548→ 31,021 total→ Common Shares of Beneficial Interest (8,548 underlying)
Footnotes (5)
- [F1]Deferred Common Shares of Beneficial Interest ("Deferred Shares") were received in payment of the 2009 annual retainer for service as Trustee. The Deferred Shares were valued at the average closing price of the Company's common shares for the year ended December 31, 2009, which was $13.59.
- [F2]Deferred Shares are exchangeable on a 1-for-1 basis into common shares of beneficial interest, par value $0.01 per share of LaSalle Hotel Properties.
- [F3]Common Shares are issuable in exchange for Deferred Shares on a 1-for-1 basis in five equal annual installments beginning on January 31st of the year following the year in which the reporting person ceases to serve on the Board of Trustees of LaSalle Hotel Properties.
- [F4]No price is given as the Deferred Shares are not purchased by the reporting person. See footnote (1) above.
- [F5]Holders of Deferred Shares receive additional Deferred Shares in an amount equal to the amount of any dividends paid on the Common Shares exchangeable for the outstanding Deferred Shares, divided by the average closing price of the Common Shares on the NYSE during the 10 trading days preceding the first day on which the Common Shares begin trading without entitlement to the applicable dividend. Includes additional 83 Deferred Shares received in lieu of any dividends paid on the Common Shares exchangeable for the outstanding Deferred Shares.
Documents
Issuer
LASALLE HOTEL PROPERTIES
CIK 0001053532
Entity typeother
Related Parties
1- filerCIK 0001194065
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:41 PM ET
- Size
- 7.0 KB