FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
FelCor Lodging Trust Inc [ FCH ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/20/2008 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 11/20/2008 | J(1) | V | 120,000 | A | $0(1) | 185,232 | D | ||
Common Stock | 11/20/2008 | C(2) | V | 208,333 | A | $0(2) | 220,333 | I | By RGC Leasing, Inc.(3) | |
Common Stock | 120,000 | I | By RGC, Inc.(4) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
FLLP Units | $0(2) | 11/20/2008 | C(2) | V | 208,333 | (5) | (2) | Common Stock | 208,333 | $0(2) | 0 | I | By RGC Leasing, Inc.(6) | ||
FLLP Units | $0(1) | 11/20/2008 | C(1) | V | 600,000 | (5) | (1) | Common Stock | 600,000 | $0(1) | 0 | I | By RGC, Inc.(7) |
Explanation of Responses: |
1. Represents the redemption by RGC, Inc. of its units of limited partnership interest (Units) of FelCor Lodging Limited Partnership, of which the issuer is the general partner, and simultaneous distribution of the resulting common stock to the shareholders of RGC, Inc., including Reporting Person. Units are redeembable for an equal number of shares of common stock of issuer or, at the election of the issuer, cash equal to the fair market value of such shares. Issuer elected to redeem the Units with common stock. Units have no expiration date. In prior reports, the Reporting Person reported beneficial ownership of all of the Units then held by RGC, Inc. |
2. Represents the redemption by RGC Leasing, Inc. of its units of limited partnership interest (Units) of FelCor Lodging Limited Partnership, of which the issuer is the general partner. Units are redeembable for an equal number of shares of common stock of issuer or, at the election of the issuer, cash equal to the fair market value of such shares. Issuer elected to redeem the Units with common stock. Units have no expiration date. In prior reports, the Reporting Person reported beneficial ownership of all of the Units then held by RGC Leasing, Inc. |
3. Reporting Person is President and a shareholder of this entity and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |
4. Reporting Person is a shareholder, director and President of this entity and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |
5. All issued Units are currently redeemable. |
6. Reporting Person is President and a shareholder of this entity. |
7. Reporting person is a stockholder, director and President of this entity. |
Remarks: |
Transactions reported reflect a change in the form of ownership only and are not required to be reported, but are being voluntarily reported on this Form 4. |
By: Larry J. Mundy, Attorney-in-Fact | 11/24/2008 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** 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. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |