Anthony Capuano - 15 Feb 2024 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Signature
Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
15 Feb 2024
Net transactions value
-$8,806,898
Form type
4
Filing time
20 Feb 2024, 17:21:59 UTC
Previous filing
03 Jan 2024
Next filing
23 Feb 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 $3,875,427 +16,224 +58% $238.87 44,429 15 Feb 2024 Direct F1
transaction MAR Class A Common - Restricted Stock Units Tax liability $1,989,070 -8,327 -19% $238.87 36,102 15 Feb 2024 Direct F2
transaction MAR Class A Common Stock Award $0 +93,982 +147% $0.000000 158,089 15 Feb 2024 Direct F3
transaction MAR Class A Common Stock Tax liability $10,693,254 -44,766 -28% $238.87 113,323 15 Feb 2024 Direct F4
holding MAR Class A Common Stock 1,883 15 Feb 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 +41,397 $0.000000 41,397 15 Feb 2024 Class A Common Stock 41,397 $238.87 Direct F5
* 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 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.