SCHRIBER RUFUS K 4
4 · LA QUINTA CORP · Filed Feb 28, 2005
Insider Transaction Report
Form 4
SCHRIBER RUFUS K
EVP - Sales and Marketing
Transactions
- Exercise/Conversion
Paired Shares
2005-02-24$3.79/sh+50,000$189,500→ 150,000 total - Sale
Paired Shares
2005-02-24$9.00/sh−50,000$450,000→ 100,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-02-24−50,000→ 100,000 totalExercise: $3.79Exp: 2013-02-21→ Paired Shares (50,000 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 September 10, 2004.
- [F3]The option vests in four equal installments on February 21, 2004, 2005, 2006 and 2007.