4//SEC Filing
REA DAVID L 4
Accession 0001209191-05-028993
CIK 0000314661other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 3:31 PM ET
Size
8.3 KB
Accession
0001209191-05-028993
Insider Transaction Report
Form 4
REA DAVID L
President & COO
Transactions
- Award
Paired Shares
2005-05-26$0.02/sh+59,000$1,180→ 276,935 total - Award
Stock Option (right to buy)
2005-05-26+150,000→ 150,000 totalExercise: $8.72Exp: 2015-05-26→ Paired Shares (150,000 underlying)
Footnotes (4)
- [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 trade as a single unit.
- [F2]Granted under the La Quinta Corporation 2005 Incentive Compensation Plan. The paired shares fully vest on May 26, 2009.
- [F3]Includes 2,791 shares acquired by the reporting person through La Quinta's Employee Stock Purchase Plan on February 28, 2005.
- [F4]The option vests in four equal installments on May 26, 2006; May 26, 2007; May 26, 2008 and May 26, 2009.
Documents
Issuer
LA QUINTA PROPERTIES INC
CIK 0000314661
Entity typeother
Related Parties
1- filerCIK 0001187680
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 3:31 PM ET
- Size
- 8.3 KB