Sladich Harry 4
4 · Red Lion Hotels CORP · Filed Mar 19, 2021
Insider Transaction Report
Form 4
Sladich Harry
Executive VP Sales & Marketing
Transactions
- Exercise/Conversion
Common Stock
2021-03-17+15,603→ 173,565 total - Disposition to Issuer
Common Stock
2021-03-17$3.50/sh−173,565$607,478→ 0 total - Exercise/Conversion
Performance Stock Units
2021-03-17−15,603→ 0 totalFrom: 2021-03-17→ Common Stock (15,603 underlying)
Footnotes (3)
- [F1]Represents 15,603 shares of common stock underlying performance stock units which vested as of 3/17/2021 in connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of December 30, 2020, by and among Red Lion Hotels Corporation, Sonesta International Hotels Corporation and Roar Merger Sub Inc. ("Merger Agreement").
- [F2]Represents 15,603 shares of common stock underlying performance stock units, 8,750 shares of common stock underlying restricted stock units granted pursuant to the Company's 2015 Stock Incentive Plan and 149,212 shares of common stock held directly and which are disposed of pursuant to the Merger Agreement for a cash payment of $3.50 per share.
- [F3]Performance Stock Units convert into shares of common stock on a one-for-one basis.