SEC Form 4 · accession 0001179110-17-003334
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
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 7:25 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 23, 2017 | M | 2,815 | $0.00 | A | 55,171 | D | |
| Common stock | Feb 23, 2017 | F | 920 | $19.08 | D | 54,251 | 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 23, 2017 | M | 2,815 | D | Feb 23, 2017 | — | common stock | 2,815 | 8,455 | 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 February 23 of 2017, 2018, 2019 and 2020.