William P. Brown - 25 Mar 2022 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Signature
Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
25 Mar 2022
Net transactions value
+$5.81
Form type
4
Filing time
28 Mar 2022, 18:17:59 UTC
Previous filing
22 Feb 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $709,560 +4,141 +26% $171.35 19,919 25 Mar 2022 Direct
transaction MAR Class A Common Stock Sale $99,549 -581 -2.9% $171.34 19,338 25 Mar 2022 Direct F1
transaction MAR Class A Common Stock Tax liability $610,006 -3,560 -18% $171.35 15,778 25 Mar 2022 Direct F2
holding MAR Class A Common - Restricted Stock Units 8,923 25 Mar 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 -4,141 -100% $0.000000* 0 25 Mar 2022 Class A Common Stock 4,141 $124.79 Direct F3
* 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 $171.35 and the lowest price at which shares were sold was $171.32.
F2 The reporting person received 581 shares of common stock upon the net exercise of 4,141 stock appreciation rights ("SARs"). A total of 3,560 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 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.