La Quinta Holdings Inc. 4
4 · La Quinta Holdings Inc. · Filed Jan 22, 2016
Insider Transaction Report
Form 4
Sumers Gary M
Director
Transactions
- Exercise/Conversion
Common Stock
2016-01-20+406→ 406 total - Exercise/Conversion
Restricted Stock Units
2016-01-20−406→ 810 total→ Common Stock (406 underlying)
Footnotes (3)
- [F1]Represents shares of common stock of La Quinta Holdings Inc. (the "Issuer") acquired upon the vesting of the restricted stock units ("RSUs") indicated in Table II.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock payable in common stock, cash or a combination thereof at the discretion of the Issuer's Compensation Committee.
- [F3]The RSUs vest in three equal annual installments beginning on January 20, 2016.