SEC Form 4 · accession 0000899243-17-007353

Hilton Grand Vacations Inc. · HGV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks · Director

Period of report

Mar 9, 2017

Accepted (ET)

Mar 13, 2017 · 6:21 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001674168

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Mar 9, 2017	A	63,604	$0.00	A	250,338	D
Common Stock	Mar 9, 2017	A	59,495	$0.00	A	309,833	D
Common Stock	Mar 9, 2017	F	22,508	$28.30	D	287,325	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock option (Right to Buy)^F4	$28.30	Mar 9, 2017	A	190,813	A	—	Mar 9, 2027	Common Stock	190,813	190,813	D

F1Restricted stock units that vest over three years from the date of grant as follows: 25% on the first anniversary, 25% on the second anniversary, and 50% on the third anniversary.
F2Represents the settlement of performance share units granted by Hilton Worldwide Holdings Inc. ("HLT") and converted into restricted share units of Hilton Grand Vacations Inc. (the "Issuer") in connection with the spin-off of the Issuer from HLT (the "Spin-off") based on a determination as to the satisfaction of the performance metrics by the compensation committee of HLT.
F3Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding requirements in connection with the settlement of performance share units.
F4Stock options that vest over three years from the date of grant as follows: 25% on the first anniversary, 25% on the second anniversary, and 50% on the third anniversary.

Title: President and Chief Executive Officer