SEC Form 4/A · accession 0001104659-18-050959
Travel & Leisure Co. · TNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Stephen P Holmes
Director
Period of report
May 31, 2018
Accepted (ET)
Aug 9, 2018 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001361658
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled Stock Appreciation RightF1 | $71.65 | May 31, 2018 | D | 109,489 | D | — | Feb 25, 2022 | Common Stock | 109,489 | 0 | D |
| Stock Settled Stock Appreciation RightF1,F2 | $31.70 | May 31, 2018 | A | 109,489 | A | May 31, 2018 | May 31, 2021 | Common Stock | 109,489 | 109,489 | D |
Explanation of responses
- F1The two reported transactions involve an adjustment to outstanding Stock Settled Stock Appreciation Rights ("SSARs") previously granted under the Wyndham Worldwide Corporation 2006 Equity and Incentive Plan in connection with the Registrant's spin-off transaction resulting in the deemed cancellation of the existing SSARs and the grant of replacement SSARs. The SSARs were originally granted on February 27, 2016. The SSARs vested on May 31, 2018, and each SSAR confers upon the reporting person the right to receive an amount in common stock equal to the excess of the fair market value of a share of common stock on the date of exercise over the exercise price of the SSAR
- F2This amendment is being filed solely to correct the expiration date of the SSARs, which was inadvertently reported as February 25, 2022 on the Form 4 filed on June 4, 2018. The correct expiration date is May 31, 2021.