SEC Form 4 · accession 0001104659-18-055410
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Qurate Retail, Inc.
Director · 10% Owner
Period of report
Sep 1, 2018
Accepted (ET)
Sep 5, 2018 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434620
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Sep 1, 2018 | U | 16,643,957 | — | D | 0 | I | By Wholly-Owned Subsidiary |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Agreement and Plan of Merger, dated as of April 30, 2018, by and among ILG, Inc. ("ILG"), Marriott Vacations Worldwide Corporation ("Marriott"), Ignite Holdco, Inc., Ignite Holdco Subsidiary, Inc., Volt Merger Sub, Inc. and Volt Merger Sub, LLC (the "Merger Agreement"), on September 1, 2018, ILG became a wholly owned subsidiary of Marriott (the transactions contemplated by the Merger Agreement referred to herein as the "Combination Transactions"). Pursuant to the Merger Agreement, at the effective time of the Combination Transactions, each share of ILG common stock was converted into the right to receive $14.75 in cash and 0.165 of a share of Marriott common stock.
- F2The balance was decreased by 1 share from the Form 3 filed August 28, 2008 as a result of rounding in connection with the receipt of shares by the reporting person in connection with the spin-off by IAC/InterActiveCorp of ILG (f/k/a Interval Leisure Group, Inc.), which was completed on August 20, 2008.