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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 | ||||||||
Stock Option (Right to Buy) | $ 13.08 | 06/06/2013 | M | 15,000 | (4) | 06/13/2016 | Common Stock | 15,000 | $ 0 | 0 | D | ||||
Stock Option (Right to Buy) | $ 17.75 | 06/06/2013 | M | 5,000 | (5) | 06/05/2016 | Common Stock | 5,000 | $ 0 | 5,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
EIDE ROBERT J 810 7TH AVENUE, 11TH FLOOR C/O AEGIS CAPITAL NEW YORK, NY 10019 |
X |
/s/ Robert J. Eide | 06/07/2013 | |
**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) | These shares were acquired through the exercise of stock options granted pursuant to the Issuer's 2002 Stock Incentive Plan. |
(2) | These shares were acquired through the exercise of stock options granted pursuant to the Issuer's 2010 Stock Incentive Plan. |
(3) | These shares are held indirectly as trustee for the Howard Lorber Irrevocable Trust. |
(4) | Options vested 20% on each of the first through fifth anniversaries of June 14, 2006, the grant date of these options. |
(5) | Such options were part of a grant of 10,000 options on June 6, 2011, which began vesting on June 6, 2012. 5,000 of these options have vested to date and the remaining 5,000 will vest in equal installments on the third and fourth anniversaries of the grant date of these options. |