SEC Form 4 · accession 0001437749-17-003709
Travel & Leisure Co. · TNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey A Ballotti
Officer — President/CEO WHG
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 8:37 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 StockF1 | Feb 28, 2017 | A | 17,815 | $0.00 | A | 127,784 | D | |
| Common StockF2 | Feb 28, 2017 | F | 9,238 | $83.24 | D | 118,546 | D | |
| Common StockF3,F4 | Feb 28, 2017 | A | 34,839 | $0.00 | A | 87,760 | D | |
| Common StockF6 | Mar 2, 2017 | S | 13,405 | $83.3838 | D | 105,141 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Common stock acquired under the Wyndham Worldwide Corporation 2006 Equity and Incentive Plan on vesting of previously-granted performance vested restricted stock units which vested on February 28, 2017.
- F2Common stock withheld as payment of tax liability incident to the vesting of performance vested restricted stock units granted in accordance with Rule 16b-3.
- F3Restricted stock units granted under the Wyndham Worldwide Corporation 2006 Equity and Incentive Plan. The units vest in four equal installments on each of the first four anniversaries of February 27, 2017, subject to the reporting person's continued employment. The reporting person will receive one share of common stock for each vested restricted stock unit.
- F4Includes restricted stock units as previously reported.
- F5Effectuated pursuant to a Rule 10b5-1 trading plan.
- F6The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to Wyndham Worldwide Corporation, any security holder of Wyndham Worldwide Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.