SEC Form 4 · accession 0001179110-17-009506
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
Jun 20, 2017
Accepted (ET)
Jun 22, 2017 · 6:51 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 | Jun 20, 2017 | A | 221 | $27.97 | A | 95,371 | 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 | Jun 20, 2017 | A | 250 | A | — | — | Common stock | 250 | 46,974 | D |
| Retricted Stock UnitsF4,F1 | $0.00 | Jun 20, 2017 | A | 94 | A | — | — | Common stock | 94 | 17,267 | 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 41,394 shares of restricted stock granted pursuant to ILG's 2013 Stock and Incentive Compensation Plan, including 221 shares of restricted stock issued effective June 20, 2017 in connection with the company's cash dividend, all of which are subject to forfeiture under certain conditions.
- F3Represents 46,724 RSUs originally granted on May 12, 2016 plus prior dividends and 250 RSUs issued effective June 20, 2017 in connection with the company's cash dividend.
- F4Represents 17,533 RSUs originally granted on February 14, 2017 plus 94 RSUs issued effective June 20, 2017 in connection with the company's cash dividend.