Rena Hozore Reiss - 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 $
-$3,289,162
Form type
4
Date filed
2/20/2024, 05:22 PM
Previous filing
Aug 7, 2023
Next filing
Nov 8, 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 $780K +3.27K +57.26% $238.87 8.97K Feb 15, 2024 Direct F1
transaction MAR Class A Common - Restricted Stock Units Tax liability -$424K -1.78K -19.78% $238.87 7.2K Feb 15, 2024 Direct F2
transaction MAR Class A Common Stock Award $0 +25.5K +171.31% $0.00 40.3K Feb 15, 2024 Direct F3
transaction MAR Class A Common Stock Sale -$857K -3.56K -8.83% $240.39 36.8K Feb 15, 2024 Direct
transaction MAR Class A Common Stock Tax liability -$2.79M -11.7K -31.75% $238.87 25.1K Feb 15, 2024 Direct F4

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 +8.33K $0.00 8.33K Feb 15, 2024 Class A Common Stock 8.33K $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.