SEC Form 4 · accession 0001225208-19-003209
MARRIOTT INTERNATIONAL INC /MD/ · MAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arne M Sorenson
Officer — President & CEO · Director
Period of report
Feb 15, 2019
Accepted (ET)
Feb 21, 2019 · 2:43 pm EST
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 - Performance Share UnitsF1 | Feb 15, 2019 | A | 31,213 | $0.00 | A | 104,405 | D | |
| Class A Common - Performance Share UnitsF2 | Feb 15, 2019 | F | 14,103 | $120.20 | D | 90,302 | D | |
| Class A Common - Restricted Stock UnitsF3 | Feb 15, 2019 | F | 10,306 | $120.20 | D | 17,828 | D | |
| Class A Common Stock | holding | — | — | — | 645,072 | D | ||
| Class A Common Stock | holding | — | — | — | 11,443 | I | 401(k) account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF4 | $14.65 | Feb 15, 2019 | M | 187,008 | D | — | Feb 17, 2019 | Class A Common Stock | 187,008 | 0 | D |
Explanation of responses
- F1Shares acquired upon vesting of PSU's.
- F2Shares withheld by the Company to cover taxes associated with vesting PSU's.
- F3Shares withheld by the Company to cover taxes associated with vesting of RSU's.
- F4Stock Appreciation Rights, settled in Class A Common Stock and vesting in four equal annual installments beginning on the first anniversary of the February 17, 2009 grant date.