Sunstone Hotel Investors, Inc. 4
4 · Sunstone Hotel Investors, Inc. · Filed Feb 18, 2005
Insider Transaction Report
Form 4
Kline Jon D
VP and CFO
Transactions
- Award
Common Stock
2005-02-16+88,816→ 107,926 total - Disposition to Issuer
Restricted Stock Units
2005-02-16−88,816→ 0 total→ Common Stock (88,816 underlying)
Footnotes (1)
- [F1]On October 26, 2004, Mr. Kline was granted an aggregate of 118,421 restricted stock units, subject to the satisfaction of vesting requirements over a five-year period. On October 26, 2004, 29,605 restricted stock units vested, and 10,495 shares of Common Stock were withheld to satisfy tax withholding obligations. On February 16, 2004, Mr. Kline executed the Restricted Stock Unit Cancellation and Termination Agreement, in which Sunstone Hotel Investors, Inc. agreed to grant to Mr. Kline 88,816 shares of restricted stock in consideration for the termination of the unvested restricted stock units.