<PAGE> 1
---------------------------
OMB APPROVAL
---------------------------
------ OMB Number: 3235-6287
FORM 4 Expires: September 30, 1998
------ Estimated average burden
hours per response .... 0.5
---------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check this box if no
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1935
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
(Print or Type Responses)
------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to
Duncan, Bruce W. Starwood Hotels & Resorts Worldwide, Issuer (Check all applicable)
Inc./Starwood Hotels & Resorts HOT X Director 10% Owner
--------------------------------------------------------------------------------------------- ---- ---
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for Officer (give Other (Specify
Number of Reporting Month/Year ---- title --- below)
402 East Prospect Avenue Person (Voluntary) July 2000 below)
------------------------------------------- -------------------
(Street) 5. If Amendment, ------------------------
Date of Original 7. Individual or Joint/Group Filing
(Month/Year) (Check Applicable Line)
X
Lake Bluff IL 60044 ---- Form filed by One Reporting
Person
---- Form filed by More than One
Reporting Person
------------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) 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 Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
------------------------------------------------------------------------------------------------------------------------------------
Shares (1) 07/01/00 G (2) V 22,500 A 47,999 D
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
SEC 1474 (7/96)
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
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
Code V (A) (D) cisable Date Shares
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
Explanation of Responses:
Please see attached.
**Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. /s/ Bruce W. Duncan August 8, 2000
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. Page 2
If space is insufficient, see Instruction 6 for procedure. SEC 1474 (7/96)
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.
</TABLE>
<PAGE> 3
Name and Address of Reporting Person
------------------------------------
Duncan, Bruce W.
402 East Prospect Avenue
Lake Bluff, IL 60044
Issuer Name and Ticker or Trading Symbol
----------------------------------------
Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts ("HOT")
Statement for Month/Year
-----------------------------------------
July 2000
Explanation of Responses:
(1) Pursuant to an agreement between Starwood Hotels & Resorts Worldwide,
Inc., a Maryland corporation (the "Corporation") and Starwood Hotels &
Resorts, a Maryland real estate investment trust (the "Trust" and,
together with the Corporation, "Starwood"), 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 traded
only in units ("Shares") consisting of one Corporation Share and one Trust
Share.
(2) The Shares reported are a distribution from The Bruce W. Duncan Family M
Trust (the "Family Trust") to The Bruce W. Duncan Revocable Trust (the
"Revocable Trust") made on July 1, 2000 as part of the liquidation of the
Family Trust. Mr. Duncan was at no time a Trustee of the Family Trust and
at no time exercised any control over the Family Trust. Mr. Duncan is a
Trustee of the Revocable Trust.
