La Quinta Holdings Inc. 4
4 · La Quinta Holdings Inc. · Filed Jan 24, 2017
Insider Transaction Report
Form 4
Sumers Gary M
Director
Transactions
- Exercise/Conversion
Common Stock
2017-01-20+405→ 2,183 total - Exercise/Conversion
Restricted Stock Units
2017-01-20−405→ 405 total→ Common Stock (405 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.