SEC Form 4 · accession 0001179110-17-012001
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Gilbert
Officer — Pres. Interval International
Period of report
Sep 1, 2017
Accepted (ET)
Sep 5, 2017 · 5:30 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 stock | Sep 1, 2017 | M | 41,989 | $0.00 | A | 56,968 | D | |
| Common stock | Sep 1, 2017 | F | 15,711 | $21.60 | D | 41,257 | D | |
| Common stock | Sep 1, 2017 | A | 17,260 | $0.00 | A | 58,517 | D | |
| Common stock | Sep 1, 2017 | F | 7,241 | $26.40 | A | 51,276 | 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 | $0.00 | Sep 1, 2017 | M | 41,989 | D | Sep 1, 2017 | — | common stock | 41,989 | 0 | 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.
- F4Represents performance share units earned and vested based on adjusted EBITDA pursuant to a September 1, 2014 grant under the Company's 2013 Stock and Incentive Compensation Plan.