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MARRIOTT VACATIONS WORLDWIDE Corp — Director's Dealing 2021
Mar 24, 2021
31470_dirs_2021-03-24_d9188ad9-35a1-438e-83e8-e1c454e4b3f1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MARRIOTT VACATIONS WORLDWIDE Corp (VAC)
CIK: 0001524358
Period of Report: 2021-03-23
Reporting Person: Kane-Hanan Lizabeth (EVP, Chief Dev. & Product)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-23 | Common Stock | M | 16323 | $18.52 | Acquired | 60316 | Direct |
| 2021-03-23 | Common Stock | F | 1779 | $170.00 | Disposed | 58537 | Direct |
| 2021-03-23 | Common Stock | F | 5723 | $170.00 | Disposed | 52814 | Direct |
| 2021-03-23 | Common Stock | S | 4571 | $169.01 | Disposed | 48243 | Direct |
| 2021-03-23 | Common Stock | S | 4150 | $170.07 | Disposed | 44093 | Direct |
| 2021-03-23 | Common Stock | S | 100 | $170.60 | Disposed | 43993 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-23 | Stock Appreciation Right | $18.52 | M | 16323 | Disposed | 2021-12-15 | Common Stock (16323) | Direct |
Footnotes
F1: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.54 to $169.53. 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.
F2: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.59 to $170.47. 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.