Morgans Hotel Group Co. 4
4 · Morgans Hotel Group Co. · Filed May 21, 2015
Insider Transaction Report
Form 4
Cruse Kenneth Edward
Director
Transactions
- Award
Common Stock
2015-05-19+15,082→ 17,295 total
Footnotes (1)
- [F1]Represents restricted stock units issued to the reporting person as an annual retainer fee pursuant to the Company's Director Compensation Policy, which has previously been approved by the Company's Board of Directors. The restricted stock units are subject to the terms and conditions of the Morgans Hotel Group Co. Amended and Restated 2007 Omnibus Incentive Plan, as amended, and vest on May 13, 2016, unless, in certain circumstances, the reporting person departs the Company prior to such date, in which case the restricted stock units will vest pro rata on the date of such departure.