Benjamin T. Breland - Feb 15, 2024 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
EVP & Chief HR Officer
Signature
Andrew P.C. Wright, Attorney-in-Fact
Stock symbol
MAR
Transactions as of
Feb 15, 2024
Transactions value $
$576,871
Form type
4
Date filed
2/20/2024, 05:21 PM
Previous filing
Sep 18, 2023
Next filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common - Restricted Stock Units Award $0 +4.17K +48.17% $0.00 12.8K Feb 15, 2024 Direct F1
transaction MAR Class A Common - Restricted Stock Units Award $930K +3.89K +30.34% $238.87 16.7K Feb 15, 2024 Direct F2
transaction MAR Class A Common - Restricted Stock Units Tax liability -$353K -1.48K -8.84% $238.87 15.3K Feb 15, 2024 Direct F3
holding MAR Class A Common Stock 11.8K Feb 15, 2024 Direct
holding MAR Class A Common Stock 1.17K Feb 15, 2024 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 Award $0 +9.47K $0.00 9.47K Feb 15, 2024 Class A Common Stock 9.47K $238.87 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance share units for which the specified performance criteria has been satisfied but which remain subject to vesting based on the passage of time and continued employment. The shares will vest and be distributed on February 15, 2025.
F2 The RSUs will vest in three equal annual installments beginning February 15, 2025.
F3 Shares withheld by the Company to cover taxes associated with vesting of RSUs.
F4 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal installments beginning on February 15, 2025 and thereafter on the anniversary of that date.