SEC Form 4 · accession 0001209191-17-042602
MARRIOTT VACATIONS WORLDWIDE Corp · VAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Hutchison III
Director
Period of report
Jun 29, 2017
Accepted (ET)
Jun 30, 2017 · 6:44 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 29, 2017 | M | 1,081 | $27.18 | A | 1,281 | D | |
| Common Stock | Jun 29, 2017 | M | 1,046 | $28.19 | A | 2,327 | D | |
| Common Stock | Jun 29, 2017 | M | 855 | $32.74 | A | 3,182 | D | |
| Common Stock | Jun 29, 2017 | M | 617 | $40.97 | A | 3,799 | D | |
| Common StockF1 | Jun 29, 2017 | S | 1,281 | $117.51 | D | 2,518 | D | |
| Common StockF2 | Jun 29, 2017 | S | 2,318 | $118.50 | D | 200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $27.18 | Jun 29, 2017 | M | 1,404 | D | — | Mar 23, 2022 | Common Stock | 1,404 | 0 | D |
| Common StockF4 | $28.19 | Jun 29, 2017 | M | 1,374 | D | — | Jun 15, 2022 | Common Stock | 1,374 | 0 | D |
| Common StockF5 | $32.74 | Jun 29, 2017 | M | 1,183 | D | — | Sep 7, 2022 | Common Stock | 1,183 | 0 | D |
| Common StockF6 | $40.97 | Jun 29, 2017 | M | 944 | D | — | Dec 28, 2022 | Common Stock | 944 | 0 | 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 $117.22 to $118.03. 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 $118.33 to $118.78. 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.
- F3Fully exercisable on grant date of March 23, 2012.
- F4Fully exercisable on grant date of June 15, 2012.
- F5Fully exercisable on grant date of September 7, 2012.
- F6Fully exercisable on grant date of December 28, 2012.