William P. Brown - 03 Aug 2023 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
Group Pres., US and Canada
Signature
Stephanie Carrick Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
03 Aug 2023
Net transactions value
+$109
Form type
4
Filing time
07 Aug 2023, 17:58:25 UTC
Previous filing
28 Feb 2023
Next filing
20 Feb 2024
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 $1,321,320 +6,600 +37% $200.20 24,338 03 Aug 2023 Direct
transaction MAR Class A Common Stock Sale $198,089 -990 -4.1% $200.09 23,348 03 Aug 2023 Direct
transaction MAR Class A Common Stock Tax liability $1,123,122 -5,610 -24% $200.20 17,738 03 Aug 2023 Direct F1
holding MAR Class A Common - Restricted Stock Units 9,436 03 Aug 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
transaction MAR Stock Appreciation Rights Options Exercise $0 -6,600 -50% $0.000000 6,600 03 Aug 2023 Class A Common Stock 6,600 $142.05 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a net of 990 shares of common stock upon the exercise of 6,600 stock appreciation rights ("SARs"). A total of 5,610 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.
F2 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal installments beginning on February 15, 2022 and thereafter on the anniversary of that date.