SEC Form 4 · accession 0001179110-18-011120
ILG, LLC · ILG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Kuhn
Director
Period of report
Aug 29, 2018
Accepted (ET)
Sep 4, 2018 · 8:18 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 stockF4 | Aug 29, 2018 | G | 10,000 | $0.00 | D | 106,783 | D | |
| Common stockF5 | Aug 31, 2018 | A | 513 | $0.00 | A | 107,295 | D | |
| Common stockF5,F2 | Sep 1, 2018 | D | 107,295 | — | D | 0 | 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, 2018 | D | 3,611 | D | — | — | Common stock | 3,611 | 0 | D |
Explanation of responses
- F1Represents 10,000 shares that the reporting person donated as a gift to to donor advised fund.
- F2Pursuant to the Agreement and Plan of Merger, dated as of April 30, 2018 (the "Merger Agreement"), among ILG, Inc. (the "Company"), Marriott Vacations Worldwide Corporation ("MVW"), Ignite Holdco, Inc., Ignite Holdco Subsidiary, Inc., Volt Merger Sub, Inc. and Volt Merger Sub, LLC, on [August 31, 2018], through a series of transactions, each share of the Company's common stock, par value $0.01 per share ("ILG Common Stock"), was converted into the right to receive 0.165 shares of MVW's common stock, par value $0.01 per share ("MVW Common Stock"), and $14.75 in cash.
- F3Pursuant to the Agreement and Plan of Merger, dated as of April 30, 2018 (the "Merger Agreement"), among ILG, Inc. (the "Company"), Marriott Vacations Worldwide Corporation ("MVW"), Ignite Holdco, Inc., Ignite Holdco Subsidiary, Inc., Volt Merger Sub, Inc. and Volt Merger Sub, LLC, on [August 31, 2018], through a series of transactions, each share of the Company's common stock, par value $0.01 per share ("ILG Common Stock"), was converted into the right to receive 0.165 shares of MVW's common stock, par value $0.01 per share ("MVW Common Stock"), and $14.75 in cash.
- F4Includes (1) 58,704 shares held directly by the reporting person and (2) 48,079 share units accrued under the Non-Employee Director Deferred Compensation Plan.
- F5Includes (1) 58,704 shares held directly by the reporting person and (2) 48,591 share units accrued under the Non-Employee Director Deferred Compensation Plan.