SEC Form 4 · accession 0001104659-18-038122
Travel & Leisure Co. · TNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Noah Brodsky
Officer — Chief Brand Officer
Period of report
Jun 1, 2018
Accepted (ET)
Jun 4, 2018 · 8:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001361658
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 1, 2018 | A | 15,397 | $0.00 | A | 20,134 | D | |
| Common StockF3 | holding | — | — | — | 1,150 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F4 | $48.71 | Jun 1, 2018 | A | 29,481 | A | — | Jun 1, 2028 | Common Stock | 29,481 | 29,481 | D |
Explanation of responses
- F1Restricted stock units granted on June 1, 2018 under the Wyndham Worldwide Corporation 2006 Equity and Incentive Plan (the "Plan"). The units vest in four equal installments on each of the first four anniversaries of June 1, 2018, subject to the reporting person's continued employment with the Registrant. The reporting person will receive one share of common stock for each vested restricted stock unit.
- F2Includes previously reported restricted stock units.
- F3Common stock as previously reported.
- F4Stock options granted on June 1, 2018 under the Plan. The options vest in four equal installments on each of the first four anniversaries of June 1, 2018, subject to the reporting person's continued employment with the Registrant.