BOYKIN LODGING CO 4
4 · BOYKIN LODGING CO · Filed Aug 29, 2005
Insider Transaction Report
Form 4
SCHECTER WILLIAM H
Director
Transactions
- Award
Deferred Compensation Units
2005-08-25$13.28/sh+329.443$4,375→ 6,503.047 total→ Common Shares (329.443 underlying)
Footnotes (2)
- [F1]Each unit is the equivalent of one Common Share. The value of amounts credited to a director under the Deferred Compensation Plan is payable in cash and increases or decreases based on the market value of the Company's Common Shares plus the value of dividends or other distributions on the Company's Common Shares.
- [F2]Distribution of amounts credited to a director under the Deferred Compensation Plan commences (i) on a date elected by the director, provided that the date is not earlier than January 1 following the year in which the director attains age 55, and not later than January 1 following the year in which the director attains age 72, or (ii) within 90 days after the date of the director's death or disability.