R. Lee Cunningham - Feb 28, 2022 Form 4 Insider Report for MARRIOTT VACATIONS WORLDWIDE Corp (VAC)

Role: Exec VP & COO
Signature: /s/ James H Hunter, IV Attorney-In-Fact
Stock symbol: VAC
Transactions as of: Feb 28, 2022
Transactions value $: -$1,059,144
Form type: 4
Date filed: 3/2/2022, 04:00 PM
Previous filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VAC	Common Stock	Award	$0	+1.17K	+6.54%	$0.00	19.1K	Feb 28, 2022	Direct	F1
transaction	VAC	Common Stock	Award	$0	+1.41K	+7.36%	$0.00	20.5K	Mar 1, 2022	Direct	F2
transaction	VAC	Common Stock	Tax liability	-$87.1K	-555	-2.7%	$156.98	20K	Mar 1, 2022	Direct
transaction	VAC	Common Stock	Award	$0	+15.7K	+78.73%	$0.00	35.7K	Mar 1, 2022	Direct	F2
transaction	VAC	Common Stock	Tax liability	-$972K	-6.19K	-17.33%	$156.98	29.5K	Mar 1, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VAC	Stock Appreciation Right	Award	$0	+4.52K		$0.00	4.52K	Feb 28, 2022	Common Stock	4.52K	$159.27	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vests in four equal installments over the four-year period beginning on February 15, 2023.
F2	Common stock issued on vesting of performance-based restricted stock units granted on March 4, 2019 and earned on March 1, 2022 upon achievement of specified levels of performance over three annual performance periods, one for each of the 2019, 2020, and 2021 fiscal years.