MICHEL SANDRA K 4

4 · LA QUINTA CORP · Filed Feb 24, 2005

Form 4

Period: 2005-02-22

SVP - General Counsel

Transactions

Sale
Paired Shares
2005-02-22$8.80/sh−31,250$275,000→ 110,000 total
Sale
Paired Shares
2005-02-22$8.75/sh−10,000$87,500→ 110,000 total
Exercise/Conversion
Paired Shares
2005-02-22$3.79/sh+9,600$36,384→ 119,600 total
Sale
Paired Shares
2005-02-22$8.70/sh−9,600$83,520→ 110,000 total
Exercise/Conversion
Stock Option (Right to Buy)
2005-02-22−31,250→ 137,500 total
Exercise: $3.79Exp: 2013-02-21→ Paired Shares (31,250 underlying)
Exercise/Conversion
Paired Shares
2005-02-22$3.79/sh+5,400$20,466→ 115,400 total
Exercise/Conversion
Paired Shares
2005-02-22$3.79/sh+10,000$37,900→ 120,000 total
Exercise/Conversion
Paired Shares
2005-02-22$3.79/sh+31,250$118,438→ 141,250 total
Sale
Paired Shares
2005-02-22$8.65/sh−5,400$46,710→ 110,000 total
Exercise/Conversion
Stock Option (Right to Buy)
2005-02-22−10,000→ 127,500 total
Exercise: $3.79Exp: 2013-02-21→ Paired Shares (10,000 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2005-02-22−9,600→ 117,900 total
Exercise: $3.79Exp: 2013-02-21→ Paired Shares (9,600 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2005-02-22−5,400→ 112,500 total
Exercise: $3.79Exp: 2013-02-21→ Paired Shares (5,400 underlying)

Footnotes (3)

[F1]Paired Shares consist of one share of common stock, par value of $0.01 per share, of La Quinta Corporation and one share of Class B common stock, par value of $0.01 per share, of La Quinta Properties, Inc. which are paired and traded as a single unit.
[F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2004.
[F3]The option vests in four equal installments on February 21, 2004, 2005, 2006 and 2007.

Documents

1 file