MARRIOTT VACATIONS WORLDWIDE Corp — Director's Dealing 2016

Jun 20, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARRIOTT VACATIONS WORLDWIDE Corp (VAC)
CIK: 0001524358
Period of Report: 2016-06-16

Reporting Person: SHAW WILLIAM JOSEPH (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-16	Common Stock	M	12882	$20.41	Acquired	103254	Direct
2016-06-16	Common Stock	M	24180	$8.42	Acquired	127434	Direct
2016-06-16	Common Stock	M	10281	$15.50	Acquired	137715	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-16	Stock Appreciation Right	$20.41	M	19448	Disposed	2016-07-01	Common Stock (19448)	Direct
2016-06-16	Stock Appreciation Right	$8.42	M	28090	Disposed	2016-07-01	Common Stock (28090)	Direct
2016-06-16	Stock Appreciation Right	$15.50	M	13827	Disposed	2016-07-01	Common Stock (13827)	Direct

Footnotes

F1: Issued under the Marriott Vacations Worldwide Corporation Stock and Cash Incentive Plan pursuant 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 legal and structural separation of the issuer from Marriott International, Inc.) and vests in four equal installments over the four-year period following the date such Marriott International, Inc. award was initially granted.