William P. Brown - Feb 15, 2024 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Signature
Andrew P.C. Wright, Attorney-in-Fact
Stock symbol
MAR
Transactions as of
Feb 15, 2024
Transactions value $
-$6,693,478
Form type
4
Date filed
2/20/2024, 05:21 PM
Previous filing
Aug 7, 2023
Next filing
Sep 9, 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 $930K +3.89K +56.3% $238.87 10.8K Feb 15, 2024 Direct F1
transaction MAR Class A Common - Restricted Stock Units Tax liability -$512K -2.15K -19.84% $238.87 8.67K Feb 15, 2024 Direct F2
transaction MAR Class A Common Stock Award $0 +27.2K +131.59% $0.00 47.9K Feb 15, 2024 Direct F3
transaction MAR Class A Common Stock Tax liability -$3.02M -12.6K -26.33% $238.87 35.3K Feb 15, 2024 Direct F4
transaction MAR Class A Common Stock Sale -$996K -4.16K -11.78% $239.40 31.2K Feb 16, 2024 Direct F5
transaction MAR Class A Common Stock Sale -$3.1M -13K -41.65% $238.80 18.2K Feb 16, 2024 Direct F6

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 +9.94K $0.00 9.94K Feb 15, 2024 Class A Common Stock 9.94K $238.87 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs will vest in three equal annual installments beginning February 15, 2025.
F2 Shares withheld by the Company to cover taxes associated with vesting of RSUs.
F3 Shares acquired upon vesting of PSUs.
F4 Shares withheld by the Company to cover taxes associated with vesting of PSUs.
F5 Represents the weighted average sale price. The highest price at which shares were sold was $239.72 and the lowest price at which shares were sold was $239.28.
F6 Represents the weighted average sale price. The highest price at which shares were sold was $239.19 and the lowest price at which shares were sold was $238.28.
F7 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.