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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1295810	Sunstone Hotel Investors Inc.	SHO	Hotels & Motels (7011)	201296886

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1385210	Edward Kenneth Cruse	120 Vantis Suite 350 Aliso Viejo CA 92656	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2013-10-15	154	$13.01	858,366	No	4	L	Direct
Common Stock	Acquisiton	2014-01-15	616	$13.28	858,983	No	4	P	Direct
Common Stock	Disposition	2014-03-11	38,000	$13.47	820,983	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	L	Direct
No	4	P	Direct
No	4	S	Direct

Footnotes

The reporting person's sale of SHO common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 770.78 shares, with the reporting person's purchase of 154.365 shares of SHO common stock at a price of $13.01 per share on October 15, 2013 and 616.419 shares of SHO common stock at a price of $13.28 per share on January 15, 2014. The reporting person has paid to SHO a total of $326.87, representing the full amount of the profit realized in connection with the short-swing transactions.
The price in column 4 reflects the weighted average price paid in each of a series of transactions. The shares were sold in multiple transactions at prices ranging from $13.40 to $13.65, inclusive. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased in each transaction at each price for all transactions reported in this Form 4.