SEC Form 4 · accession 0001179110-17-005260
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
Mar 28, 2017
Accepted (ET)
Mar 30, 2017 · 5:05 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 | Mar 28, 2017 | A | 309 | $19.85 | A | 77,996 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Retricted Stock UnitsF3,F1 | $0.00 | Mar 28, 2017 | A | 501 | A | — | — | Common stock | 501 | 66,746 | D |
| Retricted Stock UnitsF4,F1 | $0.00 | Mar 28, 2017 | A | 131 | A | — | — | Common stock | 131 | 17,533 | 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 41,173 shares of restricted stock granted pursuant to ILG's 2013 Stock and Incentive Compensation Plan, including 309 shares of restricted stock issued effective March 28, 2017 in connection with the company's cash dividend, all of which are subject to forfeiture under certain conditions.
- F3Represents 66,245 RSUs originally granted on May 12, 2016 plus prior dividends and 501 RSUs issued effective March 28, 2017 in connection with the company's cash dividend.
- F4Represents 17,402 RSUs originally granted on February 14, 2017 plus 131 RSUs issued effective March 28, 2017 in connection with the company's cash dividend.