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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Springer Robert C 120 VANTIS SUITE 350 ALISO VIEJO, CA 92656 |
SVP & Chief Investment Officer |
/s/ Robert C. Springer | 02/19/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On February 15, 2014, 17,612 restricted shares of common stock (awarded to the Reporting Person on February 15, 2013) vested, and 6,855 shares of common stock were withheld to satisfy tax withholding obligations. The closing price on February 14, 2014 (as February 15, 2014 fell on a weekend) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $13.40 per share. |
(2) | On February 16, 2014, 13,441 restricted shares of common stock (awarded to the Reporting Person on February 16, 2012) vested, and 4,930 shares of common stock were withheld to satisfy tax withholding obligations. The closing price on February 14, 2014 (as February 16, 2014 fell on a weekend) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $13.40 per share. |
(3) | On February 17, 2014, 15,000 restricted shares of common stock (awarded to the Reporting Person on February 17, 2011) vested, and 5,502 shares of common stock were withheld to satisfy tax withholding obligations. The closing price on February 14, 2014 (as February 17, 2014 fell on a holiday) of common stock of Sunstone Hotel Investors, Inc. on the New York Stock Exchange was $13.40 per share. |
(4) | On February 19, 2014, Sunstone Hotel Investors, Inc. (the "Company") granted 37,395 restricted shares of common stock to the Reporting Person pursuant to its 2004 Long-Term Incentive Plan. Such shares are subject to the satisfaction of vesting requirements over a three-year period. |