Williams John L 4
4 · DiamondRock Hospitality Co · Filed Mar 1, 2013
Insider Transaction Report
Form 4
Williams John L
DirectorPresident and COO
Transactions
- Tax Payment
Common stock, par value $0.01 per share
2013-02-27$8.84/sh−24,284$214,671→ 766,445 total - Exercise/Conversion
Market stock units
2013-02-27−22,993→ 52,347 totalExercise: $0.00Exp: 2013-02-27→ Common stock (26,242 underlying) - Tax Payment
Common stock, par value $0.01 per share
2013-02-27$8.84/sh−10,575$93,483→ 782,112 total - Exercise/Conversion
Common stock, par value $0.01 per share
2013-02-27+26,242→ 792,687 total
Footnotes (3)
- [F1]Relates to vesting of Market Stock Units issued on March 3, 2010. Market Stock Units represent the right to receive shares of common stock, subject to the achievement of certain performance conditions. Market Stock Units vest 3 years after issuance and are converted into a number of shares of common stock depending on total shareholder return over the vesting period.
- [F2]The Market Stock Units vest 3 years from the date of issue and convert into a certain number of shares of common stock as discussed in Footnote 1.
- [F3]Represents the maximum total number of shares that may be issued with respect to the aggregate number of Market Stock Units issued but not vested.