Anthony Capuano - 24 Sep 2021 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Signature
Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
24 Sep 2021
Net transactions value
-$53.47
Form type
4
Filing time
27 Sep 2021, 16:44:08 UTC
Next filing
16 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $2,409,600 +16,000 +17% $150.60 109,870 24 Sep 2021 Direct
transaction MAR Class A Common Stock Sale $805,312 -5,347 -4.9% $150.61 104,523 24 Sep 2021 Direct
transaction MAR Class A Common Stock Tax liability $1,604,342 -10,653 -10% $150.60 93,870 24 Sep 2021 Direct F1
holding MAR Class A Common - Restricted Stock Units 41,991 24 Sep 2021 Direct
holding MAR Class A Common Stock 1,802 24 Sep 2021 401(k) account

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 -16,000 -100% $0.000000* 0 24 Sep 2021 Class A Common Stock 16,000 $53.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 5,347 shares of common stock upon the net exercise of 16,000 stock appreciation rights ("SARs"). A total of 10,653 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.
F2 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the February 24, 2014 grant date.