MARRIOTT VACATIONS WORLDWIDE Corp — Director's Dealing 2019

Sep 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARRIOTT VACATIONS WORLDWIDE Corp (VAC)
CIK: 0001524358
Period of Report: 2019-09-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-19	Common Stock	M	12900	$18.52	Acquired	48741	Direct
2019-09-19	Common Stock	F	4201	$107.37	Disposed	44540	Direct
2019-09-19	Common Stock	S	2226	$107.37	Disposed	42314	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-19	Stock Appreciation Right	$18.52	M	12900	Disposed	2021-12-15	Common Stock (12900)	Direct

Footnotes

F1: Includes shares of common stock previously reported by the reporting person in Table I of Form 4 under the title "Restricted Stock Units."

F2: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.37 to $107.38. The reporting person undertakes to provide to Marriott Vacations Worldwide Corporation, any security holder of Marriott Vacations Worldwide Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

F3: Vested in four equal installments over the four-year period beginning on December 15, 2012.