(MAR)

Role: President, APEC
Signature: Andrew P.C. Wright, Attorney-in-Fact
Stock symbol: MAR
Transactions as of: Feb 24, 2023
Transactions value $: $0
Form type: 3
Date filed: 3/6/2023, 04:16 PM
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MAR	Class A Common - Restricted Stock Units						11K	Feb 24, 2023	Direct	F1
holding	MAR	Class A Common Stock						18K	Feb 24, 2023	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
holding	MAR	Stock Appreciation Rights							Feb 24, 2023	Class A Common Stock	4.99K	$177.55	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The RSUs are a total of the unvested units granted on various grant dates: 989 out of 3,956 RSUs granted on 3/2/2020 vesting in four equal installments beginning on 2/15/2021 and thereafter on the anniversary of that date; 3,720 RSUs granted on 9/30/2020 vesting in a single installment on 9/15/2023; 2,526 out of 5,052 RSUs granted on 9/30/2020, vesting in four equal installments beginning on 2/15/2022 and thereafter on the anniversary of that date; 2,088 out of 2,784 RSUs granted on 2/17/2022, vesting in four equal installments beginning on 2/15/2023 and thereafter on the anniversary of that date; and 1,692 RSUs granted on 2/16/2023 vesting in three equal installments beginning on 2/15/2024 and thereafter on the anniversary of that date.
F2	Stock Appreciation Rights granted on 2/16/2023 that vest in three equal installments beginning on February 15, 2024 and thereafter on the anniversary of that date.

Content

The RSUs are a total of the unvested units granted on various grant dates: 989 out of 3,956 RSUs granted on 3/2/2020 vesting in four equal installments beginning on 2/15/2021 and thereafter on the anniversary of that date; 3,720 RSUs granted on 9/30/2020 vesting in a single installment on 9/15/2023; 2,526 out of 5,052 RSUs granted on 9/30/2020, vesting in four equal installments beginning on 2/15/2022 and thereafter on the anniversary of that date; 2,088 out of 2,784 RSUs granted on 2/17/2022, vesting in four equal installments beginning on 2/15/2023 and thereafter on the anniversary of that date; and 1,692 RSUs granted on 2/16/2023 vesting in three equal installments beginning on 2/15/2024 and thereafter on the anniversary of that date.

Stock Appreciation Rights granted on 2/16/2023 that vest in three equal installments beginning on February 15, 2024 and thereafter on the anniversary of that date.

Remarks:

rmenonsec.txt