-----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, REMfxMes7nwrmWiQbQn3xdsUqEJSehmdIwJvN73APj4m6tp948+lxP01UaZoSZJa pMx8M5tWx/nzOxh5plZ1Ww== 0001018146-98-000012.txt : 19980312 0001018146-98-000012.hdr.sgml : 19980312 ACCESSION NUMBER: 0001018146-98-000012 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: 98563303 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: DIRICO ANTONIO CENTRAL INDEX KEY: 0001048438 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: 10770 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 BUSINESS PHONE: 3019795056 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 DiRico, Antonio 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) President & Chief Operating Officer 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 |- - - |- - |- - - - |- -|- - - - |214(1) |D | | | |- | | - | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |3,446(1) |I |401(k) Plan | | |- | | - | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |6,807(1) |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)| | ___________________________________________________________________________________________________________________________________| Common Stock Option (Rig|$15.8125|6/24/| |60,450 |A |Note |6/24/|Common Stock|60,450 | | |D | | ht to Buy) | |97 | | | |2 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Incentive Stock Option |$15.8125|6/24/| |20,150 |A |Note |6/24/|Common Stock|20,150 | | |D | | | |97 | | | |2 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock Option (Rig|$15.8125|10/15|D(3)|60,450 |D |Note |6/24/|" "|60,450 | | |D | | ht to Buy) | |/97 | | | |2 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.8350 |10/15|A(4)|71,074 |A |Note |6/24/|" "|71,074 | | |D | | " | |/97 | | | |5 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Incentive Stock Option |$15.8125|10/15|D(3)|20,150 |D | |6/24/|" "|20,150 | | |D | | | |/97 | | | | |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.835 |10/15|A(4)|40,665 |A |Note |6/24/|" "|40,665 | | |D | | " | |/97 | | | |5 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock Option (Rig|$7.7242 |10/15|D(3)|13,633 |D | |10/21|" "|13,633 | | |D | | ht to Buy) | |/97 | | | | |/02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$3.8273 |10/15|A(4)|11,221 |A |Note |10/21|" "|11,221 | | |D | | " | |/97 | | | |6 |/02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$8.2744 |10/15|D(3)|13,633 |D | |12/06|" "|13,633 | | |D | | " | |/97 | | | | |/03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$4.0999 |10/15|A(4)|12,824 |A |Note |12/06|" "|12,824 | | |D | | " | |/97 | | | |7 |/03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock Option (Rig|$11.1168|10/15|D(3)|16,359 |D | |6/21/|Common Stock|16,359 | | |D | | ht to Buy) | |/97 | | | | |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$5.5083 |10/15|A(4)|11,541 |A |Note |6/21/|" "|11,541 | | |D | | " | |/97 | | | |8 |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Incentive Stock Option |$11.1168|10/15|D(3)|5,452 |D | |6/21/|" "|5,452 | | |D | | | |/97 | | | | |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$5.5083 |10/15|A(4)|11,002 |A |Note |6/21/|" "|11,002 | | |D | | " | |/97 | | | |9 |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$14.5095|10/15|D(3)|17,045 |D | |7/01/|" "|17,045 | | |D | | " | |/97 | | | | |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.1894 |10/15|A(4)|34,398 |A |Note |7/01/|" "|34,398 | | |D | | " | |/97 | | | |10 |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock Option (Rig|$14.5095|10/15|D(3)|51,137 |D | |7/01/|" "|51,137 | | |D | | ht to Buy) | |/97 | | | | |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.1894 |10/15|A(4)|48,100 |A |Note |7/01/|" "|48,100 | |240,825 |D | | " | |/97 | | | |11 |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: Note 1: Effect of Issuer's 3 for 1 reverse stock split. Note 2: Granted under the Sunburst Long-Term Incentive Plan. Such options vest in five equal annual installments beginning on 6/24/98. Note 3: Cancellation of option in connection with grant of replacement option. Note 4: In connection with spinoff of business segment and 3 for 1 reverse stock split, existing option was repriced and the number of shares was adjusted. Note 5: The vesting schedule did not change. Note 6: 1,603 options are currently exercisable; the remainder vest in three equal annual installments beginning on 10/21/98. Note 7: 1,603 options vest on 12/6/97 and 12/6/98; the remainder vest in three equal annual installments beginning on 12/6/99. Note 8: The option vests in three equal annual installments beginning on 6/21/98. Note 9: 4,400 options are currently exercisable; the remainder vest in three equal annual installments beginning on 6/21/98. Note 10: 6,880 options are currently exercisable; the remainder vest in four equal annual installments beginning on 7/1/98. Note 11: The option vests in four equal annual installments beginning on 7/1/98. SIGNATURE OF REPORTING PERSON Antonio DiRico DATE 2/12/98 -----END PRIVACY-ENHANCED MESSAGE-----