SEC Form 4 · accession 0001179110-18-003013
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Galea
Officer — EVP & Chief Accounting Officer
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 8:09 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, 2018 | M | 2,885 | $0.00 | A | 64,345 | D | |
| Common stock | Feb 23, 2018 | F | 1,117 | $32.28 | D | 63,228 | D | |
| Common stock | Feb 24, 2018 | M | 1,680 | $0.00 | A | 64,908 | D | |
| Common stock | Feb 24, 2018 | F | 662 | $32.77 | D | 64,246 | D | |
| Common stock | Feb 24, 2018 | M | 1,431 | $0.00 | A | 65,677 | D | |
| Common stock | Feb 24, 2018 | F | 564 | $32.77 | D | 65,113 | D | |
| Common stock | Feb 25, 2018 | M | 1,536 | $0.00 | A | 66,649 | D | |
| Common stock | Feb 25, 2018 | F | 605 | $32.77 | D | 66,044 | 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, 2018 | M | 2,885 | D | Feb 23, 2018 | — | common stock | 2,885 | 5,777 | D |
| Restricted Stock UnitsF5,F3 | $0.00 | Feb 24, 2018 | M | 1,680 | D | Feb 24, 2019 | — | common stock | 1,680 | 1,686 | D |
| Restricted Stock UnitsF3 | $0.00 | Feb 24, 2018 | M | 1,431 | D | Feb 24, 2018 | — | common stock | 1,431 | 0 | D |
| Restricted Stock UnitsF6,F3 | $0.00 | Feb 25, 2018 | M | 1,536 | D | Feb 25, 2018 | — | common stock | 1,536 | 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.
- 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.
- F5The 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.
- F6The 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.