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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1342126	Morgans Hotel Group Co.	MHGC	Hotels & Motels (7011)	161736884

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1015899	W Ronald Burkle	C/O The Yucaipa Companies Llc 9130 West Sunset Boulevard Los Angeles CA 90069	Yes	No	Yes	No
1431428	Yucaipa American Alliance Fund Ii Lp	C/O The Yucaipa Companies Llc 9130 West Sunset Boulevard Los Angeles CA 90069	No	No	Yes	No
1452578	Yucaipa American Alliance (Parallel) Fund Ii, L.p.	C/O The Yucaipa Companies Llc 9130 West Sunset Boulevard Los Angeles CA 90069	No	No	Yes	No
1452579	Yucaipa American Alliance Fund Ii, Llc	C/O The Yucaipa Companies Llc 9130 West Sunset Boulevard Los Angeles CA 90069	No	No	Yes	No
1452932	Yucaipa American Management, Llc	C/O The Yucaipa Companies Llc 9130 West Sunset Boulevard Los Angeles CA 90069	No	No	Yes	No
1452934	Yucaipa American Funds, Llc	C/O The Yucaipa Companies Llc 9130 West Sunset Boulevard Los Angeles CA 90069	No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share	Disposition	2012-03-20	806,970	$5.28	0	No	4	S	Indirect	See footnote and Remarks below
Common Stock, Par Value $0.01 Per Share	Disposition	2012-03-20	531,630	$5.28	0	No	4	S	Indirect	See footnote and Remarks below

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote and Remarks below
No	4	S	Indirect	See footnote and Remarks below

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share	11,545	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Warrant (right to buy)	$6.00		2017-04-15	7,535,580	7,535,580	Indirect
Common Stock	Warrant (right to buy)	$6.00		2017-04-15	4,964,420	4,964,420	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-04-15	7,535,580	7,535,580	Indirect
2017-04-15	4,964,420	4,964,420	Indirect

Footnotes

Weighted average price.
These shares are directly held by Yucaipa American Alliance Fund II, L.P. ("YAAF II").
These shares are directly held by Yucaipa American Alliance (Parallel) Fund II, L.P. ("YAAF II Parallel").
Represents restricted stock units granted to the reporting person which are subject to the terms and conditions of the Morgans Hotel Group Co. Amended and Restated 2007 Omnibus Incentive Plan. The restricted stock units vested immediately on the date of the grant.
YAAF II and YAAF II Parallel purchased certain warrants (the "Warrants") to acquire shares of the common stock, par value $0.01 per share ("Common Stock") of the issuer pursuant to that certain Securities Purchase Agreement, dated as of October 15, 2009 by and among YAAF II, YAAF II Parallel, and the issuer, as filed as Exhibit 10.1 to the issuer's current report on Form 8-K filed on October 16, 2009. Exercise of the Warrants is subject to mandatory cashless exercise, which reduces the shares of the issuer's Common Stock received upon exercise, and the number of shares received will be determined by the fair market value of the issuer's Common Stock at the time of such exercise.
YAAF II directly holds a warrant to purchase these shares, and has beneficial ownership of 7,535,580 shares of Common Stock through such warrant.
YAAF II Parallel directly holds a warrant to purchase these shares, and has beneficial ownership of 4,964,420 shares of Common Stock through such warrant.