5 1 p66150ke5.htm FORM 5 e5
 

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FORM 5
   
Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b)
Form 3 Holdings Reported
Form 4 Transactions Reported

U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities
Exchange Act of 1934,
Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of
the Investment Company Act
of 1940
         
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 7. Individual or Joint/Group Reporting
Mitchell, George J. Starwood Hotels & Resorts Worldwide, Inc. /
Starwood Hotels & Resorts HOT
(Check applicable line)


  X   Form filed by One Reporting Person
(Last)                     (First)                       (Middle) ____ Form Filed by More Than One Reporting Person
Verner, Lipfert, Bernhard, et al.
901 15th Street, N.W.
Suite 700
3. IRS or Social Security Number of Reporting Person (Voluntary)
 


(Street)  
4. Statement for Month/Year
December 2001 
Washington      DC      20005


(City)                       (State)                     (Zip)
5. If Amendment, Date of Original (Month/Year)
USA  

 
6. Relationship of Reporting Person to Issuer (Check all applicable)
  X   Director
___ 10% Owner
___ Officer (give title below)
___ Other (Specify below)
 


TABLE I — NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED


                     
4. Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)

2. Transaction 3. Transaction
1. Title of Security Date Code
(Instr. 3) (Month/Day/Year) (Instr. 8) Amount (A) or (D) Price






           
           

[Additional columns below]

[Continued from above table]
         
5. Amount of 6. Ownership
Securities Form: 7. Nature of
Beneficially Owned at Direct Indirect
End of Issuer's (D) or Beneficial
Fiscal Year Indirect (I) Ownership
(Instr. 3 and 4) (Instr. 4) (Instr. 4)



     
     
     
     

(over)
SEC 2270 (7-95)

 


 

FORM 5 (CONTINUED)

TABLE II — DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
                     
5. Number of
Derivative
Securities Acquired
(A) or
2. Conversion or Disposed of (D)
Exercise 3. Transaction (Instr. 3, 4,
1. Title of Derivative Price of Date 4. Transaction and 5)
Security Derivative (Month/ Code
(Instr. 3) Security Day/Year) (Instr. 8) (A) (D)






Option to Purchase Shares $37,2800 6/29/01 (1) 4,500  
Phantom Shares 1-for-1 (3) A 1,420  
           
           

[Additional columns below]

[Continued from above table]
                 
6. Date Exercisable 7. Title and Amount
and Expiration of Underlying
Date Securities
(Month/Day/ (Instr. 3 and 4)
Year)
8. Price of

Amount or Derivative
Date Expiration Number of Security
Exercisable Date Title Shares (Instr. 5)





6/29/01 6/29/11 Shares(2) 4,500  
(3) (3) Shares(2) 1,420  
         
         

[Additional columns below]

[Continued from above table]
         
9. Number of
Derivative 10. Ownership
Securities of Derivative 11. Nature of
Beneficially Security: Indirect
Owned at End Direct (D) Beneficial
of Year or Indirect (I) Ownership
(Instr. 4)   (Instr. 4)   (Instr. 4)



20,910 D  
 6,890 D  
     

Explanation of Responses:
(1)  Under the terms of Starwood’s long-term Incentive plan (the “LTIP”), certain eligible Directors of Starwood receive an annual grant of options to purchase Shares in amounts specified by the LTIP.
(2)  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 beneficial 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 Shares and one Trust Share (“Shares”).
(3)  Phantom shares accrued on various dates during 2001 by reporting person as director’s fees pursuant to the terms of the LTIP. Directors will receive Shares upon termination of service on the Board of Directors.

     
/s/ George J. Mitchell 02/13/2002


Signature of Reporting Person
/s/ George J. Mitchell
Date

(1) 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 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.

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SEC 2270 (7-96)