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LA QUINTA PROPERTIES INC·4

May 31, 3:35 PM ET

CASH FRANCIS W 4

4 · LA QUINTA PROPERTIES INC · Filed May 31, 2005

Insider Transaction Report

Form 4
Period: 2005-05-26
LA QUINTA PROPERTIES INCLQI
CASH FRANCIS W
DirectorChairman and CEO
Transactions
  • Award

    Paired Shares

    2005-05-26$0.02/sh+314,000$6,280→ 914,000 total
  • Award

    Stock Option (right to buy)

    2005-05-26+800,000→ 800,000 total
    Exercise: $8.72Exp: 2015-05-26→ Paired Shares (800,000 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 trade as a single unit.
  • [F2]Granted under the La Quinta Corporation 2005 Incentive Compensation Plan. The paired shares fully vest on May 26, 2008.
  • [F3]The option vests in three equal installments on May 26, 2006; May 26, 2007 and May 26, 2008.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION