Kathleen K. Oberg - 17 Feb 2022 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
17 Feb 2022
Net transactions value
-$786,056
Form type
4
Filing time
18 Feb 2022, 16:21:42 UTC
Previous filing
16 Feb 2022
Next filing
18 Apr 2022
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 $3,872,691 +21,316 +85% $181.68 46,354 17 Feb 2022 Direct
transaction MAR Class A Common Stock Sale $797,892 -4,408 -9.5% $181.01 41,946 17 Feb 2022 Direct F1
transaction MAR Class A Common Stock Sale $1,017,018 -5,663 -14% $179.59 36,283 17 Feb 2022 Direct F2
transaction MAR Class A Common Stock Tax liability $2,843,837 -15,653 -43% $181.68 20,630 17 Feb 2022 Direct F3
holding MAR Class A Common - Restricted Stock Units 44,628 17 Feb 2022 Direct
holding MAR Class A Common Stock 125 17 Feb 2022 401(k) account
holding MAR Class A Common Stock 3,364 17 Feb 2022 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 -21,316 -100% $0.000000* 0 17 Feb 2022 Class A Common Stock 21,316 $88.31 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 $181.05 and the lowest price at which shares were sold was $180.96.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $179.65 and the lowest price at which shares were sold was $179.56.
F3 The reporting person received 5,663 shares of common stock upon the net exercise of 21,316 stock appreciation rights ("SARs"). A total of 15,653 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.
F4 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the February 21, 2017 grant date.