SEC Form 4 · accession 0001179110-17-003443
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 24, 2017
Accepted (ET)
Feb 28, 2017 · 8:32 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 24, 2017 | M | 1,640 | $0.00 | A | 55,891 | D | |
| Common stock | Feb 24, 2017 | F | 525 | $19.21 | D | 55,366 | D | |
| Common stock | Feb 25, 2017 | M | 1,492 | $0.00 | A | 56,858 | D | |
| Comon stock | Feb 25, 2017 | F | 395 | $19.09 | D | 56,463 | 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 24, 2017 | M | 1,640 | D | Feb 24, 2017 | — | common stock | 1,640 | 3,285 | D |
| Retricte Stock UnitsF5,F3 | $0.00 | Feb 25, 2017 | M | 1,492 | D | Feb 25, 2017 | — | Common Stock | 1,492 | 1,500 | 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 24 of 2016, 2017, 2018,and 2019.
- F5The terms of the initial award for the restricted stock units provide for vesting in four equal installments on February 25 of 2015, 2016, 2017, and 2018.