SEC Form 4 · accession 0001179110-15-004635
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Galea
Officer — SVP & Chief Accounting Officer
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 5:55 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 stock | Mar 6, 2015 | M | 2,644 | $0.00 | A | 34,876 | D | |
| Common stock | Mar 6, 2015 | F | 717 | $25.60 | D | 34,159 | D | |
| Common stock | Mar 6, 2015 | M | 2,529 | $0.00 | A | 36,688 | D | |
| Common stock | Mar 6, 2015 | F | 692 | $25.60 | D | 35,996 | D | |
| Common stock | Mar 6, 2015 | M | 1,385 | $0.00 | A | 37,381 | D | |
| Common stock | Mar 6, 2015 | F | 379 | $25.60 | D | 37,002 | 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 | Mar 6, 2015 | M | 2,644 | D | Mar 6, 2015 | — | common stock | 2,644 | 2,653 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 6, 2015 | M | 2,529 | D | Mar 6, 2015 | — | common stock | 2,529 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 6, 2015 | M | 1,385 | D | Mar 6, 2015 | — | common stock | 1,385 | 0 | 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 March 6 of 2013, 2014, 2015 and 2016.