SEC Form 4 · accession 0001179110-16-026827
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen G. Williams
Officer — COO, Vistana Signature Exp
Period of report
Jun 21, 2016
Accepted (ET)
Jun 23, 2016 · 5:48 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 | Jun 21, 2016 | A | 591 | $15.32 | A | 81,098 | 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 UnitsF3,F1 | $0.00 | Jun 21, 2016 | A | 55 | A | — | — | Common stock | 55 | 7,115 | D |
| Restricted Stock UnitsF4,F1 | $0.00 | Jun 21, 2016 | A | 508 | A | — | — | Common stock | 508 | 65,349 | D |
Explanation of responses
- F1The rights accrued when and as cash dividends were reinvested in securities and vest on the same terms as the RSUs to which they relate with vested shares delivered shortly after vesting.
- F2Includes 76,021 shares of restricted stock granted pursuant to Interval Leisure Group's 2013 Stock and Incentive Compensation, including 591 shares issued effective June 21, 2016 in connection with the company's cash dividend, all of which are subject to forfeiture under certain conditions.
- F3Represents 7,060 RSUs resulting from conversion on May 11, 2016 of Starwood performance units and 55 RSUs issued effective June 21, 2016 in connection with the company's cash dividend.
- F4Represents 64,841 RSUs originally granted on May 12, 2016 and 508 RSUs issued effective June 21, 2016 in connection with the company's cash dividend.