Anthony Capuano - 05 May 2023 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
President & CEO, Director
Signature
Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
05 May 2023
Net transactions value
+$14,868
Form type
4
Filing time
09 May 2023, 17:19:48 UTC
Previous filing
21 Feb 2023
Next filing
29 Aug 2023
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 $5,388,291 +30,513 +25% $176.59 150,830 05 May 2023 Direct
transaction MAR Class A Common Stock Award $4,082,802 +23,115 +15% $176.63 173,945 05 May 2023 Direct
transaction MAR Class A Common Stock Sale $2,849,316 -16,159 -9.3% $176.33 157,786 05 May 2023 Direct F1
transaction MAR Class A Common Stock Tax liability $2,954,938 -16,758 -11% $176.33 141,028 05 May 2023 Direct F2
transaction MAR Class A Common Stock Tax liability $3,651,971 -20,711 -15% $176.33 120,317 05 May 2023 Direct F3
holding MAR Class A Common - Restricted Stock Units 37,995 05 May 2023 Direct
holding MAR Class A Common Stock 1,870 05 May 2023 401(k) account

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 -30,513 -100% $0.000000* 0 05 May 2023 Class A Common Stock 30,513 $66.86 Direct F4
transaction MAR Stock Appreciation Rights Options Exercise $0 -23,115 -100% $0.000000* 0 05 May 2023 Class A Common Stock 23,115 $82.67 Direct F5
* 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 $176.50 and the lowest price at which shares were sold was $176.26.
F2 The reporting person received 6,357 shares of common stock upon the net exercise of 23,115 stock appreciation rights ("SARs"). A total of 16,758 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 9,802 shares of common stock upon the net exercise of 30,513 stock appreciation rights ("SARs"). A total of 20,711 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 installments beginning on February 22, 2017 and thereafter on the anniversary of that date.
F5 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal installments beginning on February 23, 2016 and thereafter on the anniversary of that date.