Kathleen K. Oberg - 16 Sep 2021 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
EVP & CFO
Signature
Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
16 Sep 2021
Net transactions value
-$1,528,276
Form type
4
Filing time
17 Sep 2021, 16:51:46 UTC
Previous filing
02 Sep 2021
Next filing
27 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $1,587,960 +11,000 +33% $144.36 44,789 16 Sep 2021 Direct
transaction MAR Class A Common Stock Sale $440,487 -3,053 -6.8% $144.28 41,736 16 Sep 2021 Direct F1
transaction MAR Class A Common Stock Tax liability $1,147,229 -7,947 -19% $144.36 33,789 16 Sep 2021 Direct F2
transaction MAR Class A Common Stock Sale $1,528,520 -10,600 -31% $144.20 23,189 16 Sep 2021 Direct F3
holding MAR Class A Common - Restricted Stock Units 52,157 16 Sep 2021 Direct
holding MAR Class A Common Stock 125 16 Sep 2021 401(k) account
holding MAR Class A Common Stock 3,364 16 Sep 2021 Jointly with spouse

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 MAR Stock Appreciation Rights Options Exercise $0 -11,000 -40% $0.000000 16,462 16 Sep 2021 Class A Common Stock 11,000 $66.86 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The highest price at which shares were sold was $144.29 and the lowest price at which shares were sold was $144.28.
F2 The reporting person received 3,053 shares of common stock upon the net exercise of 11,000 stock appreciation rights ("SARs"). A total of 7,947 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $144.22 and the lowest price at which shares were sold was $144.18.
F4 Stock Appreciatian Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the February 22, 2016 grant date.