Locker Keith 4
4 · Sunstone Hotel Investors, Inc. · Filed May 3, 2012
Insider Transaction Report
Form 4
Locker Keith
Director
Transactions
- Award
Common Stock
2012-05-02+3,040→ 43,710 total - Award
Common Stock
2012-05-02+16,211→ 59,921 total
Footnotes (2)
- [F1]On May 2, 2012, Sunstone Hotel Investors, Inc. (the "Company") granted 3,040 restricted shares of common stock to the Reporting Person pursuant to its 2004 Long-Term Incentive Plan in connection with the Reporting Person's service as Independent Chairman of the Board of Directors from November 7, 2011 through the Company's 2012 Annual Meeting of Shareholders. Such shares will vest in three equal annual installments, with the first vesting to occur on the date of the Company's 2012 Annual Meeting of Shareholders.
- [F2]On May 2, 2012, Sunstone Hotel Investors, Inc. (the "Company") granted 16,211 restricted shares of common stock to the Reporting Person pursuant to its 2004 Long-Term Incentive Plan. Such shares will vest in three equal annual installments, with the first vesting to occur on the date of the Company's 2013 Annual Meeting of Shareholders.