Filing Details
- Accession Number:
- 0001209191-17-051880
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-09-07 16:31:01
- Reporting Period:
- 2017-09-06
- Accepted Time:
- 2017-09-07 16:31:01
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1524358 | Marriott Vacations Worldwide Corp | VAC | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1008824 | Jr W J Marriott | 10400 Fernwood Road Bethesda MD 20817 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2017-09-06 | 12,144 | $20.41 | 12,144 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-09-06 | 6,182 | $116.28 | 5,962 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-09-06 | 4,862 | $114.01 | 1,100 | No | 4 | S | Direct | |
Common Stock | Disposition | 2017-09-06 | 1,100 | $114.92 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common | Stock Appreciation Right | Disposition | 2017-09-06 | 14,730 | $0.00 | 14,730 | $20.41 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2018-02-19 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 79,443 | Indirect | JWM JR Lifetime Trust |
Common Stock | 28,576 | Indirect | DGM Lifetime Trust |
Common Stock | 171,019 | Indirect | Sp Trustee 1 |
Common Stock | 2,002,797 | Indirect | JWMFE |
Common Stock | 1,967 | Indirect | Sp Trustee 5 |
Common Stock | 1,967 | Indirect | Sp Trustee 6 |
Common Stock | 1,021 | Indirect | Sp Trustee 7 |
Common Stock | 25,000 | Indirect | Sp Trustee 11 |
Common Stock | 50,391 | Indirect | Trustee 1 |
Common Stock | 49,555 | Indirect | Trustee 4 |
Common Stock | 45,767 | Indirect | Trustee 5 |
Common Stock | 66,627 | Indirect | Trustee 7 |
Common Stock | 54,582 | Indirect | Trustee 8 |
Footnotes
- The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.59 to $114.44. 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.
- The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.45 to $115.40. 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.
- The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- Consists of 919,999 shares held by Thomas Point Ventures, L.P., whose sole general partner is JWM Family Enterprises L.P, 290,402 shares held by Terrapin Limited Holdings, LLC, whose sole member is JWM Family Enterprises, L.P., 744,896 shares held by JWM Family Enterprises, L.P., and 47,500 shares held by Anchorage Partners, L.P., whose sole general partner is JWM Family Enterprises, L.P. JWM Family Enterprises, Inc. is the sole general partner of JWM Enterprises, L.P. J.W. Marriott, Jr. is a director of JWM Family Enterprises, Inc.
- Issued under the Marriott Vacations Worldwide Corporation Stock and Cash Incentive Plan pursuant to the anti-dilution 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 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. (the "Spin-Off")) and is fully vested based on service prior to the Spin-Off.