LA QUINTA CORP 4
4 · LA QUINTA CORP · Filed Dec 16, 2004
Insider Transaction Report
Form 4
SPAETH A BRENT
EVP - Corporate Administration
Transactions
- Sale
Paired Shares
2004-12-09$8.50/sh−50,000$425,000→ 75,685.872 total - Exercise/Conversion
Stock Option (Right to Buy)
2004-12-09$8.50/sh−50,000$425,000→ 150,000 totalExercise: $3.79From: 2004-02-21Exp: 2013-02-21→ Paired Shares (50,000 underlying) - Exercise/Conversion
Paired Shares
2004-12-09$3.31/sh+12,500$41,375→ 88,185.872 total - Sale
Paired Shares
2004-12-09$8.50/sh−12,500$106,250→ 75,685.872 total - Exercise/Conversion
Paired Shares
2004-12-09$3.79/sh+50,000$189,500→ 125,685.872 total - Exercise/Conversion
Stock Option (Right to Buy)
2004-12-09$8.50/sh−12,500$106,250→ 12,500 totalExercise: $3.31From: 2001-09-07Exp: 2010-09-07→ Paired Shares (12,500 underlying)
Footnotes (2)
- [F1]Paired shares consist of one share of common stock, par value of $0.01 per share, of La Quinta Corporation and one share of Class B common stock, par value of $0.01 per share, of La Quinta Properties, Inc., which are paired and traded as a single unit.
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2004.