SEC Form 4 · accession 0001225208-16-039700
MARRIOTT INTERNATIONAL INC /MD/ · MAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce W Duncan
Director
Period of report
Sep 23, 2016
Accepted (ET)
Sep 27, 2016 · 11:39 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001048286
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common - Restricted Stock Units | Sep 23, 2016 | A | 8,680 | $0.00 | A | 8,680 | D | |
| Class A Common Stock | Sep 23, 2016 | A | 39,724 | $0.00 | A | 39,724 | D | |
| Class A Common Stock-Dir. Def. Stock Comp Plan-1 | Sep 23, 2016 | A | 9,383 | $0.00 | A | 9,383 | D | |
| Class A Common Stock | Sep 23, 2016 | A | 57,092 | $0.00 | A | 57,092 | I | Bruce W. Duncan Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy)F3 | $32.13 | Sep 23, 2016 | A | 4,863 | A | — | Feb 26, 2018 | Class A Common Stock | 4,863 | 4,863 | D |
| Stock Option (Right to buy)F3 | $51.50 | Sep 23, 2016 | A | 3,034 | A | — | Feb 28, 2019 | Class A Common Stock | 3,034 | 3,034 | D |
| Stock Option (Right to buy)F3 | $46.28 | Sep 23, 2016 | A | 3,376 | A | — | Feb 28, 2020 | Class A Common Stock | 3,376 | 3,376 | D |
Explanation of responses
- F1670 RSUs vest on December 31, 2016; 561 RSUs vest on March 31, 2017; 560 RSUs vest on June 30, 2107; 551 RSUs vest on September 30, 2017; 536 RSUs on December 31, 2017; 550 RSUs vest on March 31, 2018; 534 RSUs vest on June 30, 2018; 549 RSUs vest on September 30, 2018; 670 RSUs vest on December 31, 2018; 2030 RSUs vest on February 26, 2017; 643 RSUs vest on March 31, 2019; 30 RSUs vest on June 24, 2019, 496 RSUs vest on June 24, 2019 or, if earlier, the date the Reporting Person ceased to be a Director.
- F2Dir. Deferred Stock Comp Plan 1 is convertible into Common Stock and distributable to the Reporting Person per the terms of the applicable Deferral Agreement.
- F3The options were fully excercisable on the date hereof.