Starwood 2010 Annual Report Download - page 60

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Director Grant Date
Number of Shares of
Stock/Units Grant Date Fair Value ($)
Eric Hippeau ..................... 2/26/2010 1,635 62,514
3/31/2010 541 20,014
6/30/2010 541 20,014
9/30/2010 541 20,014
12/31/2010 541 20,014
Stephen R. Quazzo ................ 2/26/2010 1,635 62,514
3/31/2010 541 20,014
6/30/2010 541 20,014
9/30/2010 541 20,014
12/31/2010 541 20,014
Thomas O. Ryder ................. 2/26/2010 1,635 62,514
3/31/2010 541 20,014
6/30/2010 541 20,014
9/30/2010 541 20,014
12/31/2010 541 20,014
Kneeland C. Youngblood ............ 2/26/2010 1,635 62,514
3/31/2010 270 9,989
6/30/2010 270 9,989
9/30/2010 270 9,989
12/31/2010 270 9,989
(4) Represents the grant date fair value for stock option awards granted during the year computed in accordance with
ASC 718. For additional information, refer to Note 23 of the Company’s financial statements filed with the SEC as
part of the Form 10-K for the year ended December 31, 2010. These amounts reflect the grant date fair value for
these awards and do not correspond to the actual value that will be recognized by the Directors. As of December 31,
2010, each Director has the following aggregate number of stock options outstanding: Mr. Aron, 26,028;
Ambassador Barshefsky, 22,672; Mr. Clarke, 17,918; Mr. Daley, 13,631; Mr. Duncan, 66,897; Ms. Galbreath,
33,651; Mr. Hippeau, 44,649; Mr. Quazzo, 39,150; Mr. Ryder, 44,649; Mr. Youngblood, 28,171. All Directors
received a grant of 4,087 options on February 26, 2010 with a grant date fair value of $55,853.
(5) We reimburse Non-Employee Directors for travel expenses and other out-of-pocket costs they incur when
attending meetings and, for one meeting per year, attendance by spouses. In addition, in 2010 Non-Employee
Directors received 750,000 SPG Points valued at $11,250. Non-Employee Directors receive interest on
deferred dividends. Pursuant to SEC rules, perquisites and personal benefits are not reported for any Director
for whom such amounts were less than $10,000 in the aggregate for 2010 but must be identified by type for each
Director for whom such amounts were equal to or greater than $10,000 in the aggregate. SEC rules do not
require specification of the value of any type of perquisite or personal benefit provided to the Non-Employee
Directors because no such value exceeded $25,000.
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