STARWOOD HOTEL & RESORTS WORLDWIDE INC 4
4 · STARWOOD HOTEL & RESORTS WORLDWIDE INC · Filed Feb 10, 2005
Insider Transaction Report
Form 4
DARNALL THEODORE W
President, Real Estate
Transactions
- Exercise/Conversion
Options to Purchase Shares
2005-02-08−31,027→ 0 totalExercise: $37.84Exp: 2011-02-07→ Shares (1) (31,027 underlying) - Exercise/Conversion
Shares
2005-02-08$37.84/sh+31,027$1,174,062→ 55,372 total - Sale
Shares (1)
2005-02-08$60.00/sh−31,027$1,861,620→ 24,345 total
Footnotes (3)
- [F1]Each holder of shares of common stock ("Corporation Shares") of Starwood Hotels & Resorts Worldwide, Inc. ("Starwood") owns an equivalent number of Class B shares of beneficial interest ("Trust Shares") of Starwood Hotels & Resorts, a real estate investment trust and subsidiary of Starwood. Corporation Shares and Trust Shares may be held and traded only in units consisting of one Corporation Share and one Trust Share ("Shares").
- [F2]The transaction reported on this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 15, 2004.
- [F3]This option vested in full on 02/07/2005.