SEC Form 4 · accession 0001225208-18-006565
MARRIOTT INTERNATIONAL INC /MD/ · MAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig S. Smith
Officer — Pres. Mgn. Dir. Asia Pacific
Period of report
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 1:13 pm 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 Stock | Mar 20, 2018 | M | 9,640 | $140.73 | A | 34,899 | D | |
| Class A Common StockF1 | Mar 20, 2018 | S | 4,782 | $140.9368 | D | 30,117 | D | |
| Class A Common StockF2 | Mar 20, 2018 | S | 9,640 | $140.7343 | D | 20,477 | D |
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 | $25.88 | Mar 20, 2018 | M | 9,640 | D | — | Aug 7, 2018 | Class A Common Stock | 9,640 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price. The highest price at which shares were sold was $140.9450 and the lowest price at which shares were sold was $140.9366.
- F2Represents the weighted average sale price. The highest price at which shares were sold was $140.89 and the lowest price at which shares were sold was $140.69.
- F3The stock options vest and become exercisable in four equal installments of the 8/7/2008 grant date.