SEC Form 4/A · accession 0001179110-15-003848
ILG, LLC · ILG
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
Jeanette E Marbert
Officer — EVP & Chief Operating Officer · Director
Period of report
Feb 25, 2015
Accepted (ET)
Mar 2, 2015 · 6:37 pm EST
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 stock | Feb 25, 2015 | M | 4,952 | $0.00 | A | 267,998 | D | |
| Common stock | Feb 25, 2015 | F | 1,402 | $25.56 | D | 266,596 | D | |
| Common stock | Feb 26, 2015 | M | 5,745 | $0.00 | A | 272,341 | D | |
| Common stock | Feb 26, 2015 | F | 1,572 | $25.94 | D | 270,769 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F3 | $0.00 | Feb 25, 2015 | M | 4,952 | D | Feb 25, 2015 | — | common stock | 4,952 | 14,869 | D |
| Restricted Stock UnitsF5,F3 | $0.00 | Feb 26, 2015 | M | 5,745 | D | Feb 26, 2015 | — | common stock | 5,745 | 11,499 | D |
| Restricted Stock UnitsF6,F3 | $0.00 | Feb 27, 2015 | A | 7,023 | A | Mar 6, 2015 | — | common stock | 7,023 | 7,023 | D |
| Restricted stock unitsF7,F3 | $0.00 | Feb 27, 2015 | A | 3,846 | A | Mar 6, 2015 | — | Common stock | 3,846 | 3,846 | D |
Explanation of responses
- F1Represents shares of common stock acquired upon vesting of restricted stock units.
- F2Represents the withholding of shares of common stock to cover payment of taxes in connection with the vesting of restricted stock units.
- F3Vested shares to be delivered shortly after vesting.
- F4The terms of the initial award for the restricted stock units provide for vesting in four equal installments on February 25 of 2013, 2014, 2015, and 2016.
- F5The terms of the initial award for the restricted stock units provide for vesting in four equal installments on February 26 of 2014, 2015, 2016 and 2017.
- F6Represents restricted stock units earned based on adjusted EBITDA pursuant to a March 6, 2012 grant of performance shares granted under the Company's 2008 Stock and Annual Incentive Plan, as amended. These restricted stock units vest on March 6, 2015.
- F7Represents restricted stock units earned based on total shareholder return pursuant to a March 6, 2012 grant of performance shares granted under the Company's 2008 Stock and Annual Incentive Plan, as amended. These restricted stock units vest on March 6, 2015.