FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
STRATEGIC HOTEL CAPITAL INC [ SLH ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 06/29/2004 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 | 06/29/2004 | J(1) | 100 | D | $0.01 | 0 | I | By SHC LLC(2) | ||
Common(3) | 41,112 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 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: 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 | ||||||||
Operating Partnership Units (Right to Acquire) | $0.0000(4) | 06/29/2004 | J | 19,111,846 | (5) | (6) | Common | 19,111,846 | (7) | 19,111,846 | I | By SHC LLC(2) | |||
Operating Partnership Units (Right to Acquire) | $0.0000(4) | 06/29/2004 | J | 2,244 | (5) | (6) | Common | 2,244 | (8) | 7,250,524 | I | By SHC LLC and SEIP(9) |
Explanation of Responses: |
1. The securities were repurchased at par value by Strategic Hotel Capital, Inc. (referred to herein as SHC) in connection with the initial public offering of its common stock. |
2. Securities are held indirectly through the SHC Employee Blocking Corporation which is a partner in Strategic Hotel Capital Inc. Employee Investment Partnership (collectively referred to herein as Employee Entity) which is a member of Strategic Hotel Capital, LLC (referred to herein as SHC LLC). SHC LLC, directly and indirectly through Strategic Hotel Capital Limited Partnership (referred to herein as SHC LLP), an affiliate of SHC LLC, holds the securities shown for the Employee Entity and others. The reporting person disclaims beneficial ownership except to the extent of its pecuniary interest in those units, and this report shall not be deemed an admission that the reporting person is the beneficial owner for purposes of Section 16 or for any other purpose. |
3. Includes common stock in the form of restricted stock units. |
4. Holders of units are entitled to present them for redemption for a cash amount equal to the then-fair market value of an equal number of shares of SHC common stock or, in SHC's sole discretion, an equal number of shares of SHC common stock. |
5. Units are immediately eligible to be presented for redemption or become eligible at various times through June 29, 2005. |
6. There is no expiration date. |
7. The units were received in exchange for interests in property-owning entities as described under the caption Formation and Structuring Transactions in SHC's final prospectus dated June 23, 2004. |
8. Distribution of a portion of its pro rata share of units from SHC LLC for no consideration. |
9. Consists of (i) 2,224 units held indirectly by the reporting person through the Employee Entity and (ii) 7,248,280 units held indirectly by the reporting person through the Employee Entity as a member of SHC LLC. The 19,111,846 units shown in the first line of Table II as held directly by SHC LLC and indirectly through SHC LP (see Note 2) were reduced to 7,248,280 as a result of distributions to the Employee Entity(see Note 8) and other SHC LLC members. The reporting person disclaims beneficial ownership except to the extent of its pecuniary interest in those units, and this report shall not be deemed an admission that the reporting person is the beneficial owner for purposes of Section 16 or for any other purpose. |
Remarks: |
By: /s/ Monte J. Huber as Attorney-in-Fact | 07/01/2004 | |
** 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 Number. |