SEC Form 4 · accession 0001209191-16-128818
MARRIOTT VACATIONS WORLDWIDE Corp · VAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Joseph Shaw
Director
Period of report
Jun 16, 2016
Accepted (ET)
Jun 20, 2016 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001524358
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 16, 2016 | M | 12,882 | $20.41 | A | 103,254 | D | |
| Common Stock | Jun 16, 2016 | M | 24,180 | $8.42 | A | 127,434 | D | |
| Common Stock | Jun 16, 2016 | M | 10,281 | $15.50 | A | 137,715 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1 | $20.41 | Jun 16, 2016 | M | 19,448 | D | — | Jul 1, 2016 | Common Stock | 19,448 | 0 | D |
| Stock Appreciation RightF1 | $8.42 | Jun 16, 2016 | M | 28,090 | D | — | Jul 1, 2016 | Common Stock | 28,090 | 0 | D |
| Stock Appreciation RightF1 | $15.50 | Jun 16, 2016 | M | 13,827 | D | — | Jul 1, 2016 | Common Stock | 13,827 | 0 | D |
Explanation of responses
- F1Issued under the Marriott Vacations Worldwide Corporation Stock and Cash Incentive Plan pursuant to the antidilution provisions of an award granted to the reporting person under the Marriott International, Inc. Stock and Cash Incentive Plan, which award has substantially the same terms as the Marriott International, Inc. award to which it relates (other than with respect to the exercise price, if applicable, and the number and type of shares covered thereby, which were adjusted based on the distribution ratio in the legal and structural separation of the issuer from Marriott International, Inc.) and vests in four equal installments over the four-year period following the date such Marriott International, Inc. award was initially granted.