SEC Form 4 · accession 0001179110-16-030001
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Kuhn
Director
Period of report
Jun 21, 2016
Accepted (ET)
Sep 23, 2016 · 5:09 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 stockF1 | Sep 21, 2016 | A | 265 | $16.84 | A | 92,323 | 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,F2 | $0.00 | Sep 21, 2016 | A | 63 | A | — | — | Common stock | 63 | 8,910 | D |
Explanation of responses
- F1Includes (1) 54,753 shares held directly by the reporting person and (2) 37,570 share units accrued under the Non-Employee Director Deferred Compensation Plan, including 265 share units accrued in connection with the cash dividend declared by the company effective September 21, 2016.
- F2The 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.
- F3Represents 8,847 RSUs originally granted on May 12, 2016 plus prior dividends and 63 RSUs issued effective September 21, 2016 in connection with the company's cash dividend.