SEC Form 4 · accession 0001209191-18-016362
MARRIOTT VACATIONS WORLDWIDE Corp · VAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E. Yonker
Officer — Exec. VP & Chief HR Officer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 4:05 pm EST
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 | Mar 1, 2018 | M | 2,000 | $39.93 | A | 7,204 | D | |
| Common Stock | Mar 1, 2018 | F | 547 | $143.93 | D | 6,657 | D | |
| Common Stock | Mar 1, 2018 | M | 1,878 | $52.09 | A | 8,535 | D | |
| Common Stock | Mar 1, 2018 | F | 695 | $143.47 | D | 7,840 | D | |
| Common StockF1 | Mar 1, 2018 | S | 2,636 | $143.21 | D | 5,204 | 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 RightF2 | $39.93 | Mar 1, 2018 | M | 2,768 | D | — | Feb 25, 2023 | Common Stock | 2,768 | 0 | D |
| Stock Appreciation RightF3 | $52.09 | Mar 1, 2018 | M | 2,949 | D | — | Mar 3, 2024 | Common Stock | 2,949 | 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 $142.76 to $143.44. 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 at each separate price within such range.
- F2Vested in four equal installments over the four year period beginning on February 25, 2014.
- F3Vesting in four equal installments over the four year period beginning on March 3, 2015.