SEC Form 4 · accession 0001179110-16-033422
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Avy H Stein
Director
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 5:41 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 stockF1 | Dec 20, 2016 | A | 131 | $18.34 | A | 89,652 | 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 | Dec 20, 2016 | A | 58 | A | — | — | Common stock | 58 | 8,968 | D |
Explanation of responses
- F1Includes (1) 69,463 shares held directly by the reporting person and (2) 20,189 share units accrued under the Non-Employee Director Deferred Compensation Plan, including 131 share units accrued in connection with the cash dividend declared by the company effective December 20, 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 8,910 RSUs originally granted on May 12, 2016 plus prior dividends and 58 RSUs issued effective December 20, 2016 in connection with the company's cash dividend.