SEC Form 4 · accession 0001179110-16-020600
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M Bloom
Officer — Pres., AHR Hospitality
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 9:24 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 26, 2016 | M | 1,468 | $0.00 | A | 73,906 | D | |
| Common stock | Feb 26, 2016 | F | 608 | $12.60 | D | 73,298 | 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 26, 2016 | M | 1,468 | D | Feb 26, 2016 | — | common stock | 1,468 | 1,476 | D |
| Restricted Stock UnitsF5,F3 | $0.00 | Feb 26, 2016 | A | 1,511 | A | Mar 20, 2016 | — | common stock | 1,511 | 1,511 | D |
Explanation of responses
- F1Represents shares of common stock acquired upon vesting of restricted stock units.
- F2Represents 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 26 of 2014, 2015, 2016, and 2017.
- F5Represents restricted stock units earned based on adjusted EBITDA pursuant to a March 20, 2013 grant of performance shares granted under the Company's 2008 Stock and Annual Incentive Plan, as amended. These restricted stock units vest on March 20, 2016.