William P. Brown - 17 Feb 2022 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
Group Pres., US and Canada
Signature
Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
17 Feb 2022
Net transactions value
+$989
Form type
4
Filing time
18 Feb 2022, 16:21:57 UTC
Previous filing
17 Feb 2022
Next filing
28 Mar 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 $1,514,689 +8,407 +53% $180.17 24,185 17 Feb 2022 Direct
transaction MAR Class A Common Stock Award $1,189,122 +6,600 +27% $180.17 30,785 17 Feb 2022 Direct
transaction MAR Class A Common Stock Award $746,084 +4,141 +13% $180.17 34,926 17 Feb 2022 Direct
transaction MAR Class A Common Stock Sale $508,171 -2,826 -8.1% $179.82 32,100 17 Feb 2022 Direct F1
transaction MAR Class A Common Stock Tax liability $627,532 -3,483 -11% $180.17 28,617 17 Feb 2022 Direct F2
transaction MAR Class A Common Stock Tax liability $1,059,219 -5,879 -21% $180.17 22,738 17 Feb 2022 Direct F3
transaction MAR Class A Common Stock Tax liability $1,253,983 -6,960 -31% $180.17 15,778 17 Feb 2022 Direct F4
holding MAR Class A Common - Restricted Stock Units 4,750 17 Feb 2022 Direct

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 -6,600 -33% $0.000000 13,200 17 Feb 2022 Class A Common Stock 6,600 $142.05 Direct F5
transaction MAR Stock Appreciation Rights Options Exercise $0 -8,407 -55% $0.000000 6,945 17 Feb 2022 Class A Common Stock 8,407 $120.16 Direct F6
transaction MAR Stock Appreciation Rights Options Exercise $0 -4,141 -50% $0.000000 4,141 17 Feb 2022 Class A Common Stock 4,141 $124.79 Direct F7
* 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 $179.91 and the lowest price at which shares were sold was $179.80.
F2 The reporting person received 658 shares of common stock upon the net exercise of 4,141 stock appreciation rights ("SARs"). A total of 3,483 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 The reporting person received 721 shares of common stock upon the net exercise of 6,600 stock appreciation rights ("SARs"). A total of 5,879 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 The reporting person received 1,447 shares of common stock upon the net exercise of 8,407 stock appreciation rights ("SARs"). A total of 6,960 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 annual installments beginning on the first anniversary of the February 22, 2021 grant date.
F6 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the March 2, 2020 grant date.
F7 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the March 5, 2019 grant date.