Jorge Pablo Brizi - 22 Feb 2023 Form 4 Insider Report for Hilton Grand Vacations Inc. (HGV)

Signature
/s/ Charles R. Corbin, as Attorney-in-Fact
Issuer symbol
HGV
Transactions as of
22 Feb 2023
Net transactions value
-$208,490
Form type
4
Filing time
24 Feb 2023, 15:05:41 UTC
Previous filing
07 Oct 2022
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGV Common Stock Options Exercise $0 +13,523 +33% $0.000000 54,928 22 Feb 2023 Direct F1, F2
transaction HGV Common Stock Tax liability $208,490 -4,475 -8.1% $46.59 50,453 22 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock earned in connection with the settlement of performance share units previously granted pursuant to the Hilton Grand Vacations Inc. 2017 Omnibus Incentive Plan for the performance period commencing on January 1, 2021 and ending on December 31, 2022. Such shares were earned based on the determination of the Issuer's Compensation Committee as to the satisfaction of the applicable performance metrics.
F2 The amount of securities beneficially owned following the reported transaction includes 56 shares acquired on December 31, 2022 at $36.61 per share, each under the Issuer's employee stock purchase plan based on information furnished by the administrator of the plan, which transactions are exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3(c) promulgated thereunder.
F3 Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding requirements in connection with the issuance of share of common stock in settlement of performance share units described in footnote (1) above.

Remarks:

Title: Executive Vice President & Chief Human Resources Officer & Corporate Affairs