MERISTAR HOSPITALITY CORP 4
4 · MERISTAR HOSPITALITY CORP · Filed Apr 6, 2004
Insider Transaction Report
Form 4
OLINGER DONALD D
EVP,CFO & Treasurer
Transactions
- Tax Payment
Common Stock, $0.01 par value
2003-06-13$5.55/sh−24,230$134,477→ 45,276 total - Tax Payment
Common Stock, $0.01 par value
2003-12-12$6.12/sh−494$3,023→ 69,506 total - Award
Common Stock, $0.01 par value
2004-03-30$4.16/sh+20,000$83,200→ 70,000 total
Footnotes (3)
- [F1]Exercisable with respect to one-third of shares any time after May 1, 2004, the second one-third of shares any time after May 1, 2005, and the remaining one-third of the shares any time after May 1, 2006.
- [F2]Of the 1,000 shares, which vested to Mr. Olinger on December 13, 2003 and were granted on December 13, 2002, the Company withheld 494 shares as payment for Mr. Olinger's income tax liability in connection with such vesting.
- [F3]Of the 49,000 restricted shares which vested to Mr. Olinger on June 13, 2003 and were granted on December 13, 2002, the Company withheld 24,230 shares as payment for Mr. Olinger's income tax liability in connection with such vesting.