LA QUINTA CORP 4
4 · LA QUINTA CORP · Filed Jun 29, 2005
Insider Transaction Report
Form 4
SPAETH A BRENT
EVP - Corporate Administration
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2005-06-28−50,000→ 100,000 totalExercise: $3.79From: 2005-02-21Exp: 2013-02-21→ Paired Shares (50,000 underlying) - Exercise/Conversion
Paired Shares
2005-06-28$3.79/sh+50,000$189,500→ 143,854.872 total - Sale
Paired Shares
2005-06-28$9.50/sh−50,000$475,000→ 93,854.872 total
Footnotes (2)
- [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]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on September 9, 2004.