-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EUHcsmUzqggeGfGxO3dG5PqjQYqvnMewP31ih12dvZIgQmXY/m/jDbDXui9lPzfj PDU+r6KWmJw3wNnmSQX9FQ== 0001018146-98-000016.txt : 19980312 0001018146-98-000016.hdr.sgml : 19980312 ACCESSION NUMBER: 0001018146-98-000016 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980311 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUNBURST HOSPITALITY CORP CENTRAL INDEX KEY: 0001018146 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 521985619 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-11915 FILM NUMBER: 98563320 BUSINESS ADDRESS: STREET 1: 10770 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 BUSINESS PHONE: 3019795000 MAIL ADDRESS: STREET 1: 10770 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS INTERNATIONAL INC DATE OF NAME CHANGE: 19970108 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS HOLDINGS INC DATE OF NAME CHANGE: 19960705 COMPANY DATA: COMPANY CONFORMED NAME: WARCZAK CHARLES G JR CENTRAL INDEX KEY: 0001055067 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: 10770 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 MAIL ADDRESS: STREET 1: 10770 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 5 1 FORM 5 - 12/97 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). ( ) Form 3 Holdings Reported ( ) Form 4 Transactions Reported 1. Name and Address of Reporting Person Warczak, Charles G. 10770 Columbia Pike Silver Spring, MD 20901 2. Issuer Name and Ticker or Trading Symbol Sunburst Hospitality Corporation SNB 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 12/97 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Vice President, Accounting 7. Individual or Joint/Group Reporting (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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | |Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership | |Date |Code| | Beneficially |(D)or | | | | | | A/| | Owned at |Indir | | | | | Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |- - - |- - |- - - |- -|- - - |435 |D | | | |- | | - | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - |- -|- - - |47 |I |401(k) Plan | | |- | | - | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - |- -|- - - |59 |I |Nonqualified Savings Plan | | |- | | - | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity | | | Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| Incentive Stock Option |$15.8125|6/24/|A |2,850 |A |Note |6/24/|Common Stock|2,850 | | |D | | | |97 | | | |1 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$15.8125|10/15|D(2)|2,850 |D | |6/24/|" "|2,850 | | |D | | " | |/97 | | | | |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.835 |10/15|A(3)|5,751 |A |Note |6/24/|" "|5,751 | | |D | | " | |/97 | | | |1 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock Option (Rig|$15.8125|6/24/|A |8,550 |A |Note |6/24/|" "|8,550 | | |D | | ht to Buy) | |97 | | | |1 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$15.8125|10/15|D(2)|8,550 |D | |6/24/|" "|8,550 | | |D | | " | |/97 | | | | |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.835 |10/15|A(3)|10,053 |A |Note |6/24/|" "|10,053 | | |D | | " | |/97 | | | |1 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.7242 |10/15|D(2)|11,043 |D | |10/21|" "|11,043 | | |D | | " | |/97 | | | | |/02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$3.8273 |10/15|A(3)|11,221 |A |Note |10/21|" "|11,221 | | |D | | " | |/97 | | | |4 |/02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$8.2744 |10/15|D(2)|12,770 |D | |12/6/|" "|12,770 | | |D | | " | |/97 | | | | |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$4.099 |10/15|A(3)|12,824 |A |Note |12/6/|" "|12,824 | | |D | | " | |/97 | | | |5 |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Incentive Stock Option |$11.1168|10/15|D(2)|3,408 |D | |6/21/|" "|3,408 | | |D | | | |/97 | | | | |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$5.5083 |10/15|A(3)|6,876 |A |Note |6/21/|" "|6,876 | | |D | | " | |/97 | | | |6 |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock Option (Rig|$11.1168|10/15|D(2)|8,930 |D | |6/21/|" "|8,930 | | |D | | ht to Buy) | |/97 | | | | |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$5.5083 |10/15|A(3)|7,214 |A |Note |6/21/|" "|7,214 | | |D | | " | |/97 | | | |7 |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$14.5095|10/15|D(2)|25,561 |D | |7/1/0|" "|25,561 | | | | | " | |/97 | | | | |6 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.1894 |10/15|A(3)|24,043 |A |Note |7/1/0|" "|24,043 | | |D | | " | |/97 | | | |8 |6 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Incentive Stock Option |$14.5095|10/15|D(2)|8,522 |D | |7/1/0|" "|8,522 | | |D | | | |/97 | | | | |6 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.1894 |10/15|A(3)|17,197 |A |Note |7/1/0|" "|17,197 | |95,179 |D | | " | |/97 | | | |9 |6 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: Note 1: Such options vest in five equal annual installments beginning on 6/24/98. Note 2: Cancellation of option in connection with grant of replacement option. Note 3: In connection with spin-off of business segment and 3 for 1 reverse stock split, existing option was repriced and the number of shares was adjusted. Note 4: 1,603 options are currently exercisable; the remainder vest in three equal annual installments beginning on 10/21/98. Note 5: 1,603 options are currently exercisable and 1,603 vest on 12/6/98; the remainder vest in three equal annual installments beginning on 12/6/98. Note 6: 2,750 options are currently exercisable; the remainder vest in three equal annual installments beginning on 6/21/98. Note 7: The option vests in three equal annual installments beginning on 6/21/98. Note 8: The option vests in four equal annual installments beginning on 7/1/98. Note 9: 3,439 options are currently exercisable; the remainder vest in four equal annual installments beginning on 7/1/198. SIGNATURE OF REPORTING PERSON Charles G. Warczak DATE 2/12/98 -----END PRIVACY-ENHANCED MESSAGE-----