5 1 p64603ke5.txt FORM 5 1 ---------------------------- OMB APPROVAL ---------------------------- ------ OMB Number: 3235-0362 FORM 5 Expires: September 30, 1998 ------ Estimated average burden hours per response ..... 1.0 ---------------------------- / / Check box if no UNITED STATES SECURITIES AND EXCHANGE COMMISSION longer subject to WASHINGTON, D.C. 20549 Section 16. Form 4 or Form 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP obligations may continue. See Filed pursuant to Section 16(a) of the Securities Instruction 1(b). Exchange Act of 1934, / / Form 3 Holdings Section 17(a) of the Public Utility Reported Holding Company Act of 1935 or Section 30(f) of / / Form 4 the Investment Company Act Transactions of 1940 Reported ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Starwood Hotels & Resorts Worldwide, Inc./ Issuer (Check all applicable) Grose, Madison F. Starwood Hotels & Resorts HOT X Director 10% Owner ---------------------------------------------------------------------------------------- --- --- (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for Officer (give Other (specify Starwood Capital Group Number of Reporting Month/Year --- title below) --- below) 591 West Putnam Avenue Person (Voluntary) December 2000 ------------------------------------------ ---------------------------------------- ------------------- 7. Individual or Joint/Group (Street) 5. If Amendment, Reporting (Check Applicable Line) Date of Original X Form filed by One Reporting Person (Month/Year) --- Greenwich CT 06630 Form filed by More than One Reporting ---------------------------------------- --- Person (City) (State) (Zip) ------------------------------------------------------------------------------------------ USA TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature (Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In- Date Code (Instr. 3, 4, and 5) cially Owned at Form: direct (Instr. 8) end of Issuer's Direct Benefi- (Month/ Fiscal Year (D) or cial Day/ ---------------------------- (Instr. 3 and 4) Indirect Owner- Year) Amount (A) or Price (I) ship (D) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Shares(1) 03/31/00 A(2) 541 A $23.5000 D ------------------------------------------------------------------------------------------------------------------------------------ Shares(1) 06/30/00 A(2) 541 A $23.5000 D ------------------------------------------------------------------------------------------------------------------------------------ Shares(1) 09/30/00 A(2) 541 A $23.5000 D ------------------------------------------------------------------------------------------------------------------------------------ Shares(1) 12/31/00 A(2) 541 A $23.5000 D ------------------------------------------------------------------------------------------------------------------------------------ 24,588 D ------------------------------------------------------------------------------------------------------------------------------------ 200 I Spouse(3) ------------------------------------------------------------------------------------------------------------------------------------ 235 I Trust(4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ * If the form is filed by more than one reporting person, see instruction 4(b)(v). (Over) PAGE 1 OF 4 SEC 2270 (7-96)
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FORM 5 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv- Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative Deriv- Day/ Disposed of (D) (Month/Day/ Secur- ative Year) (Instr. 3, 4, Year) ity Security and 5) (Instr. 5) ----------------------------------- Date Expira- Amount or --------------- Exer- tion Title Number of (A) (D) cisable Date Shares ------------------------------------------------------------------------------------------------------------------------------------ Options to Purchase Shares $33.4375 06/30/00 A(4) 4,500 06/30/00 06/30/10 Shares(1) 4,500 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------- 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative of Derivative Indirect (Instr. 3) Securities Security: Beneficial Beneficially Direct (D) Ownership Owned at End or Indirect (I) (Instr. 4) of Year (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------- Options to Purchase Shares D ------------------------------------------------------------------------------------------------------- 246,824 D ------------------------------------------------------------------------------------------------------- 55,788 I Spouse(3) ------------------------------------------------------------------------------------------------------- 65,070 I Trust(4) ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- Explanation of Responses: **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Madison F. Grose 02/09/2001 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- --------- **Signature of Reporting Person Date Note. File three copies of this Form, one of which must be manually signed. If space provided 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 number. Page 2 PAGE 2 OF 4 SEC 2270 (7/96)
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Name and Address of Reporting Person Issuer Name and Ticker or Trading Symbol Statement for Month/Year _________________________________________________________________________________________________________________ Grose, Madison F. Starwood Hotels & Resorts Worldwide, Inc. December 2000 Starwood Capital Group Starwood Hotels & Resorts ("HOT") 591 West Putnam Avenue Greenwich, CT 06630
Explanation of Responses: (1) Pursuant to the Agreement and Plan of Restructuring between Starwood Hotels & Resorts Worldwide, Inc. (the "Corporation"), ST Acquisition Trust, and Starwood Hotels & Resorts, (the "Trust" and, together with the Corporation, "Starwood") dated as of September 16, 1998 and amended as of November 30, 1998, each holder of shares of common stock, par value $.01 per share, of the Corporation (each, a "Corporation Share") owns an equivalent number of shares of Class B shares of beneficial interest, par value $.01 per share, of the Trust (each, a "Trust Share"). Corporation Shares and Trust Shares may be held and tracked only in units ("Shares") consisting of one Corporation Share and One Trust Share. (2) Under the terms of Starwood's Long-Term Incentive Plan (the "LTIP"), certain eligible Directors of Starwood receive quarterly grants of Shares in an amount specified by the LTIP. Each grant represents a quarterly installment of the reporting person's annual director's fees. (3) Beneficially owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of all such securities. (4) Beneficially owned by The Madison F. Grose Irrevocable Insurance Trust. The reporting person disclaims beneficial ownership of all such securities. (5) Under the terms of Starwood's LTIP, certain eligible Directors of Starwood receive an annual grant of options to purchase Shares in amounts specified by the LTIP.