Kathleen K. Oberg - Nov 9, 2021 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
EVP & CFO
Signature
Andrew P.C. Wright, Attorney-in-Fact
Stock symbol
MAR
Transactions as of
Nov 9, 2021
Transactions value $
-$747,835
Form type
4
Date filed
11/10/2021, 02:20 PM
Previous filing
Sep 27, 2021
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $2.74M +16.5K +70.99% $166.44 39.7K Nov 9, 2021 Direct
transaction MAR Class A Common Stock Award $754K +4.54K +11.44% $166.14 44.2K Nov 9, 2021 Direct
transaction MAR Class A Common Stock Sale -$183K -1.1K -2.49% $166.24 43.1K Nov 9, 2021 Direct
transaction MAR Class A Common Stock Tax liability -$571K -3.44K -7.98% $166.14 39.7K Nov 9, 2021 Direct F1
transaction MAR Class A Common Stock Sale -$748K -4.5K -11.35% $166.22 35.2K Nov 9, 2021 Direct F2
transaction MAR Class A Common Stock Sale -$847K -5.09K -14.48% $166.39 30.1K Nov 9, 2021 Direct F3
transaction MAR Class A Common Stock Tax liability -$1.89M -11.4K -37.83% $166.44 18.7K Nov 9, 2021 Direct F4
holding MAR Class A Common - Restricted Stock Units 52.2K Nov 9, 2021 Direct
holding MAR Class A Common Stock 126 Nov 9, 2021 401(k) account
holding MAR Class A Common Stock 3.36K Nov 9, 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 -4.54K -17.55% $0.00 21.3K Nov 9, 2021 Class A Common Stock 4.54K $88.31 Direct F5
transaction MAR Stock Appreciation Rights Options Exercise $0 -16.5K -100% $0.00* 0 Nov 9, 2021 Class A Common Stock 16.5K $66.86 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 1,099 shares of common stock upon the net exercise of 4,538 stock appreciation rights ("SARs"). A total of 3,439 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 Represents the weighted average sale price. The highest price at which shares were sold was $166.24 and the lowest price at which shares were sold was $166.0201.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $166.3903 and the lowest price at which shares were sold was $166.3900.
F4 The reporting person received 5,091 shares of common stock upon the net exercise of 16,462 stock appreciation rights ("SARs"). A total of 11,371 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.
F5 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal installments beginning on the first anniversary of the February 21, 2017 grant date.
F6 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal installments beginning on the first anniversary of the February 22, 2016 grant date.