SEC Form 4 · accession 0001209191-17-042152
MARRIOTT VACATIONS WORLDWIDE Corp · VAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen P Weisz
Officer — President & CEO · Director
Period of report
Jun 26, 2017
Accepted (ET)
Jun 28, 2017 · 4:48 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 26, 2017 | M | 16,971 | $18.52 | A | 179,185 | D | |
| Common Stock | Jun 26, 2017 | F | 7,120 | $122.30 | D | 172,065 | D | |
| Common StockF1 | Jun 26, 2017 | S | 4,400 | $119.10 | D | 167,665 | D | |
| Common StockF2 | Jun 26, 2017 | S | 3,000 | $119.98 | D | 164,665 | D | |
| Common StockF3 | Jun 26, 2017 | S | 2,351 | $120.96 | D | 162,314 | D | |
| Common Stock | Jun 26, 2017 | S | 100 | $121.95 | D | 162,214 | D | |
| Common Stock | holding | — | — | — | 16,501 | I | SPW 2016 GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF4 | $18.52 | Jun 26, 2017 | M | 20,000 | D | — | Dec 15, 2021 | Common Stock | 20,000 | 86,529 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.55 to $119.53. The reporting person undertakes to provide to Marriott Vacations Worldwide Corporation, any security holder of Marriott Vacations Worldwide Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold
- F2The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.56 to $120.52. The reporting person undertakes to provide to Marriott Vacations Worldwide Corporation, any security holder of Marriott Vacations Worldwide Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold
- F3The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.57 to $121.20. The reporting person undertakes to provide to Marriott Vacations Worldwide Corporation, any security holder of Marriott Vacations Worldwide Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold
- F4Vested in four equal installments over the four year period beginning on December 15, 2012.