MARRIOTT VACATIONS WORLDWIDE Corp — Director's Dealing 2013

Feb 8, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marriott Vacations Worldwide Corp (VAC)
CIK: 0001524358
Period of Report: 2013-02-06

Reporting Person: Cunningham R. Lee (Exec VP & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-06	Common Stock	M	1350	$8.68	Acquired	11841.2	Direct
2013-02-06	Common Stock	F	613	$45.98	Disposed	11228.2	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-06	Stock Option (Right to Buy)	$8.68	M	1350	Disposed	2013-02-06	Common Stock (1350)	Direct

Footnotes

F1: Issued under the Marriott Vacations Worldwide Corporation Stock and Cash Incentive Plan pursusant to the antidilution provisions of an award granted to the reporting person under the Marriott International, Inc. Stock and Cash Incentive Plan, which award has substantially the same terms as the Marriott International, Inc. award to which it relates (other than with respect to the exercise price, if applicable, and the number and type of shares covered thereby, which were adjusted based on the distribution ratio in the Spin-Off) and is fully vested based on service prior to the Spin-Off.