SEC Form 4 · accession 0001437749-16-025769
Travel & Leisure Co. · TNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen P Holmes
Officer — Chairman, President & CEO · Director
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 4:00 pm EST
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 Stock | Feb 18, 2016 | M | 144,341 | $22.84 | A | 1,034,519 | D | |
| Common Stock | Feb 18, 2016 | D | 47,981 | $68.71 | D | 986,538 | D | |
| Common StockF1 | Feb 18, 2016 | F | 49,963 | $68.71 | D | 936,575 | D | |
| Common StockF2 | holding | — | — | — | 185,972 | D |
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 AppreciationF3 | $22.84 | Feb 18, 2016 | M | 144,341 | D | — | Feb 24, 2016 | Common Stock | 144,341 | 0 | D |
Explanation of responses
- F1Consists of shares of common stock withheld as payment of tax liability.
- F2Restricted stock units as previously reported.
- F3Vested ratably over period of four years on each anniversary of February 24, 2010.