4//SEC Filing
GELLER LAURENCE S 4
Accession 0001230295-08-000003
CIK 0001057436other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:13 PM ET
Size
6.3 KB
Accession
0001230295-08-000003
Insider Transaction Report
Form 4
GELLER LAURENCE S
DirectorPresident and CEO
Transactions
- Award
Common Stock
2007-12-31+57,463→ 586,324 total
Footnotes (2)
- [F1]Common stock in the form of restricted stock units under the 2004 Incentive Plan payable solely in stock and subject to the terms and conditions of the 2004 Incentive Plan and the grant document implementing the provisions of the amended and restated employment agreement dated as of September 7, 2006 between Laurence Geller and Strategic Hotels & Resorts, Inc. ("Geller Employment Agreement"). The number of restricted stock units earned on December 31, 2007 as performance shares under the Geller Employment Agreement is based 33% on relative total shareholder return and 67% on achievement of budgeted FFO.
- [F2]Because FFO for 2007 has not yet been determined, the number set forth as acquired is the number earned based on achievement of relative total shareholder return plus reinvested dividend equivalent units (15,887) and the maximum possible number that could be earned under the Geller Employment Agreement for the FFO portion of the performance award for 2007 performance plus reinvested dividend equivalent units (41,576). An amended Form 4 will be filed after FFO for 2007 has been determined if the FFO portion of the performance award is less than the maximum.
Documents
Issuer
STRATEGIC HOTELS & RESORTS, INC
CIK 0001057436
Entity typeother
Related Parties
1- filerCIK 0001213645
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:13 PM ET
- Size
- 6.3 KB