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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Interstate Hotels & Resorts, | NYSE:IHR | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.24 | 0.00 | 00:00:00 |
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
OMB APPROVAL
OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5 |
|
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person
*
MCCURRY JAMES B |
2. Issuer Name
and
Ticker or Trading Symbol
INTERSTATE HOTELS & RESORTS INC [ IHR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__ X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) |
4501 NORTH FAIRFAX DRIVE, SUITE 500 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
|
|
ARLINGTON, VA 22203 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
||||||||||
1.Title of Security
(Instr. 3) |
2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common stock, par value $.01 per share | 3/17/2010 | D (1) | 6692 | D (1) | $2.25 | 0 | D |
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) |
|||||||||||||||
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any |
4. Trans. 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 |
7. Title and Amount of Securities Underlying Derivative Security
(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) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options (right to buy) | $14.70 | 3/17/2010 | D (2) | 1000 | (2) | 5/18/2010 | Common Stock | 1000 | (2) | 0 | D | ||||
Options (right to buy) | $10.00 | 3/17/2010 | D (2) | 1000 | (2) | 6/14/2011 | Common Stock | 1000 | (2) | 0 | D | ||||
Options (right to buy) | $3.25 | 3/17/2010 | D (2) | 7500 | (2) | 8/1/2012 | Common Stock | 7500 | (2) | 0 | D | ||||
Options (right to buy) | $4.75 | 3/17/2010 | D (2) | 5000 | (2) | 6/11/2013 | Common Stock | 5000 | (2) | 0 | D | ||||
Options (right to buy) | $5.35 | 3/17/2010 | D (2) | 5000 | (2) | 5/28/2014 | Common Stock | 5000 | (2) | 0 | D | ||||
Options (right to buy) | $4.58 | 3/17/2010 | D (2) | 5000 | (2) | 6/3/2015 | Common Stock | 5000 | (2) | 0 | D | ||||
Options (right to buy) | $6.75 | 3/17/2010 | D (2) | 5000 | (2) | 6/2/2016 | Common Stock | 5000 | (2) | 0 | D |
Explanation of Responses: | |
( 1) | Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 18, 2009, among Interstate Hotels & Resorts, Inc. (the "Issuer"), Interstate Operating Company, LP, Hotel Acquisition Company, LLC, HAC Merger Sub, Inc. and HAC Merger Partnership, L.P. (the "Merger Agreement"), pursuant to which (i) each outstanding share of the Issuer's common stock was canceled and converted into the right to receive $2.25 in cash, without interest and less any applicable withholding tax and (ii) each restricted stock award outstanding immediately prior to the effective time of the merger, whether or not vested, was converted into the right to receive an amount in cash, without interest and less applicable withholding taxes, equal to the product of $2.25 multiplied by the aggregate number of shares of the Issuer's common stock subject to such restricted stock award immediately prior to the effective time of the merger. |
( 2) | Pursuant to the Merger Agreement, each stock option to purchase shares of the Issuer's common stock that remained outstanding immediately prior to the effective time of the merger, whether vested or unvested, was cancelled and, because none of the outstanding stock options had an exercise price of less than $2.25 per share, no payments were made in respect thereof. |
Reporting Owners
|
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Reporting Owner Name / Address |
|
||||
Director | 10% Owner | Officer | Other | ||
MCCURRY JAMES B
4501 NORTH FAIRFAX DRIVE SUITE 500 ARLINGTON, VA 22203 |
X |
|
|
|
Signatures
|
||
/s/ James B. McCurry | 3/18/2010 | |
** Signature of Reporting Person |
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
* | 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). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
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. |
1 Year Interstate Hotels Chart |
1 Month Interstate Hotels Chart |
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