-----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, GfYMjyVXG1y9R+u+73aJFndKmVp+QWMcxZjBKOTi9VMNEPbJTVaal3LD4hU2q7WQ Wu62wnJPWnBZXGZVb2yLng== 0001018146-98-000010.txt : 19980312 0001018146-98-000010.hdr.sgml : 19980312 ACCESSION NUMBER: 0001018146-98-000010 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: 98563297 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: BAINUM STEWART/ CENTRAL INDEX KEY: 0000903871 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR IRS NUMBER: 213445874 FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: C/O MANOR CARE INC STREET 2: 11555 DARNESTOWN ROAD CITY: GAITHERSBURG STATE: MD ZIP: 20878 BUSINESS PHONE: 3019794400 MAIL ADDRESS: STREET 1: 11555 DARNESTOWN ROAD CITY: GAITHERSBURG STATE: MD ZIP: 20878 FORMER COMPANY: FORMER CONFORMED NAME: BAINUM STEWART DATE OF NAME CHANGE: 19930506 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 Bainum, Stewart 10750 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) (X) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 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 |- - - |- - |- - - - |- -|- - - - |1,302,181 |I |Note 1 | | |- - | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |33,333 |I |Note 2 | | |- - | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |266,237 |I |Note 3 | | |- - | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |289,848 |I |Note 4 | | |- - | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |345,284 |I |Note 5 | | |- - | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |52,361 |I |Note 6 | | |- - | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - - |- -|- - - - |338 |I |Note 7 | | |- - | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " " |- - - |- - |- - - |- -|- - - - |1,243 |I |Note 8 | | |- | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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|$19.75 |9/16/|A |584 |A |Note |9/16/|Common Stock|584 | | |D | | ht to Buy) | |97 | | | |9 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$19.75 |10/15|D(10|584 |D | |9/16/|" "|584 | | |D | | " | |/97 |) | | | |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$9.786 |10/15|A(11|98 |A |Note |9/16/|" "|98 | | |D | | " | |/97 |) | | |9 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$10.2476|10/15|D(10|5,000 |D | |9/9/0|" "|5,000 | | |D | | " | |/97 |) | | | |4 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$5.0776 |10/15|A(11|1,389 |A |Note |9/9/0|" " |1,389 | | |D | | " | |/97 |) | | |12 |4 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$12.4482|10/15|D(10|1,000 |D | |9/28/|" "|1,000 | | |D | | " | |/97 |) | | | |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$6.1680 |10/15|A(11|223 |A |Note |9/28/|" "|223 | | |D | | " | |/97 |) | | |13 |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$13.8933|10/15|D(10|1,000 |D | |9/30/|" "|1,000 | | |D | | " | |/97 |) | | | |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$6.8841 |10/15|A(11|167 |A |Note |9/30/|" "|167 | | |D | | " | |/97 |) | | |14 |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$14.625 |10/15|D(10|5,000 |D | |11/4/|" "|5,000 | | |D | | " | |/97 |) | | | |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| " |$7.2466 |10/15|A(11|834 |A |Note |11/4/| |834 | |2,711 |D | | " | |/97 |) | | |15 |06 | | | | | | | - 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Explanation of Responses: Note 1: Owned by the Stewart Bainum Declaration of Trust dated May 23, 1995 ("SB Trust"), the sole trustee of which is Mr. Bainum. Note 2: The proportionate interest of Edelblut Partners, in which the SB Trust and the JB Trust are the sole partners, in shares owned by Mid Pines Associates, L.P. Note 3: Owned by the Jane L. Bainum Declaration of Trust dated May 23, 1995 ("JB Trust"), the sole trustee of which is Mrs. Bainum. Note 4: Limited partnership interest of Mr. and Mrs. Bainum in Bainum Associates Limited Partnership. Note 5: Limited partnership interest of Mr. and Mrs. Bainum in MC Investments Limited Partnership. Note 6: Represents beneficial interest of shares owned by Realty Investment Company, Inc. and its subsidiaries, a real estate investment and management company, of which the SB Trust and JB Trust are non-controlling shareholders. Note 7: The proportionate interest of The Stewart Bainum Declaration of Trust (167 shares) and The Jane L. Bainum Declaration of Trust (171 shares) in shares (593,209) owned by Mid Pines Associates Limited Partnership, in which each trust is a limited partner. Note 8: Restricted stock granted under the Non-Employee Stock Compensation Plan. Note 9: Such options vest in three equal annual installments beginning on 9/16/99. Note 10: Cancellation of option in connection with grant of replacement option. Note 11: 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 12: 1,110 options are currently exercisable; the remainder vest on 9/9/98. Note 13: 111 options are currently exercisable; the remainder vest in two equal annual installments beginning on 9/28/98. Note 14: The option vests in three equal annual installments beginning on 9/30/98. Note 15: Such option vests in three equal annual installments beginning on 11/4/98. SIGNATURE OF REPORTING PERSON Stewart Bainum DATE 2/12/98 -----END PRIVACY-ENHANCED MESSAGE-----