3/A 1 a2087737z3a.txt 3/AM 3
-------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------- FORM 3 WASHINGTON, D.C. 20549 OMB APPROVAL -------- ----------------------------- INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number: 3235-0104 Expires: December 31, 2001 FILED PURSUANT TO SECTION 16(a) OF THE SECURITIES EXCHANGE ACT OF 1934, Estimated average burden SECTION 17(a) OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 OR hours per response .... 0.5 (Print or Type Responses) SECTION 30(h) OF THE INVESTMENT COMPANY ACT OF 1940 ----------------------------- ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Date of Event Re- 4. Issuer Name AND Ticker or Trading Symbol quiring Statement Starwood Hotels & Resorts Worldwide, Inc./Starwood Darnall, Theodore W. (Month/Day/Year) Hotels & Resorts HOTEL ------------------------------------------------- ------------------------------------------------------------ (Last) (First) (Middle) August 6, 2002 5. Relationship of Reporting Person(s) 6. If Amendment, Date ----------------------- to Issuer (Check all applicable) of Original Starwood Hotels & Resorts Worldwide, Inc. 3.I.R.S. Identifi- Director 10% Owner (Month/Day/Year) 1111 Westchester Avenue cation Number of ---- ---- August 16, 2002 Reporting Person, Officer (give Other (specify -------------------- ------------------------------------------------- if an entity X title below) below) 7. Individual or (Street) (voluntary) ---- ---- Joint/Group Filing (Check Applicable President, Real Estate Line) --------------------------- Form filed by One X Reporting Person --- Form filed by More than One Reporting Person White Plains New York 10604 --- ----------------------------------------------------------------------------------------------------------------------------------- (City) (State) (Zip) TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial (Instr. 4) Beneficially Owned Form: Direct Ownership (Instr. 5) (Instr. 4) (D) or Indirect (I) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ Shares(1) 96,794 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) * If the form is filed by more than one reporting person, SEE Instruction 5(b)(v). SEC 1473 (02-02)
FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of Indirect (Instr. 4) cisable and Underlying Derivative Security sion or ship Beneficial Expiration (Instr. 4) Exercise Form of Ownership Date Price of Deriv- (Instr. 5) (Month/Day/ Deri- ative Year) vative Security: -------------------------------------------------- Security Direct Amount (D) or Date Expir- or Indirect Exer- ation Title Number (I) cisable Date of Shares (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option (Right to Buy) (2) 4/26/06 Shares (1) 75,000 $22.08 D ------------------------------------------------------------------------------------------------------------------------------------ (3) 8/12/06 Shares (1) 75,000 $23.92 D ------------------------------------------------------------------------------------------------------------------------------------ (4) 9/25/07 Shares (1) 40,000 $53.00 D ------------------------------------------------------------------------------------------------------------------------------------ (5) 4/29/08 Shares (1) 125,000 $49.19 D ------------------------------------------------------------------------------------------------------------------------------------ (6) 1/26/09 Shares (1) 100,000 $24.00 D ------------------------------------------------------------------------------------------------------------------------------------ (7) 2/22/10 Shares (1) 150,000 $24.00 D ------------------------------------------------------------------------------------------------------------------------------------ (8) 2/7/11 Shares (1) 124,111 $37.84 D ------------------------------------------------------------------------------------------------------------------------------------ (9) 12/21/11 Shares (1) 20,000 $28.70 D ------------------------------------------------------------------------------------------------------------------------------------ (10) 2/15/12 Shares (1) 110,000 $34.58 D ------------------------------------------------------------------------------------------------------------------------------------ 819,111(11) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: /s/ Kenneth S. Siegel August 19, 2002 ------------------------------------- ---------------------- **Signature of Reporting Person Date Kenneth S. Siegel, Attorney-in-Fact **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. POTENTIAL PERSONS WHO ARE TO 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. SEC 1473 (02-02)
EXPLANATION OF RESPONSES Reporting Person Darnall, Theodore W. Issuer Name Starwood Hotels & Resorts Worldwide, Inc./Starwood Hotels & Resorts Address Starwood Hotels & Resorts Worldwide, Inc. 1111 Westchester Avenue White Plains, New York 10604 USA
Identification Number (1) Each holder of shares of common stock ("Corporation Shares") of Starwood Hotels & Resorts Worldwide, Inc. ("Starwood") owns an equivalent number of Class B shares of benefical interest ("Trust Shares") of Starwood Hotels & Resorts, a real estate investment trust and subsidiary of Starwood. Corporation Shares and Trust Shares may be held and traded only in units consisting of one Corporation Share and one Trust Share ("Shares"). (2) This option vested one-third on 4/29/97 and remaining two-thirds vested on 2/23/98. (3) This option vested in full on 2/23/98. (4) This option vests in three equal annual installments beginning on 9/25/98. (5) This option vests in three equal annual installments beginning on 4/29/99. (6) This option vests in four equal annual installments beginning on 1/27/00. (7) This option vests in four equal annual installments beginning on 2/23/01. (8) This option vests in four equal annual installments beginning on 2/8/02. (9) This option vests in full on 12/24/02. (10) This option vests in four equal annual installments beginning on 2/15/03. (11) Total employee stock options held by Reporting Person. POWER OF ATTORNEY Know all by these presents, that the undersigned hereby constitutes and appoints each of Kenneth S. Siegel, Jared T. Finkelstein and Dina F. Diagonale, signing singly, as his or her true and lawful attorney-in-fact to: (1) execute for and on behalf of the undersigned Forms 3, 4 and 5, as a result of the undersigned's ownership of or transactions in securities of STARWOOD HOTELS & RESORTS WORLDWIDE, INC. and STARWOOD HOTELS & RESORTS (TOGETHER, "STARWOOD"), in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder; (2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete the execution of any such Form 3, 4 or 5 and the timely filing of such form with the United States Securities and Exchange Commission and any other authority; and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in his or her discretion. The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or his or her substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The authority under this Power of Attorney shall continue until the undersigned is no longer required to file Forms 3, 4 and 5 with regard to the undersigned's ownership of or transactions in securities of STARWOOD, unless earlier revoked in writing. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. The undersigned hereby revokes any and all powers of attorney executed prior to the date hereof which purport to appoint attorneys-in-fact to act on the undersigned's behalf in connection with the execution and filing of Forms 3, 4 and 5 with regard to the securities of STARWOOD. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 15th day of August, 2002. /s/ THEODORE W. DARNALL ------------------------ Signature THEODORE W. DARNALL ------------------------ Print Name