Kathleen K. Oberg - 20 Feb 2024 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
EVP & CFO
Signature
Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol
MAR
Transactions as of
20 Feb 2024
Net transactions value
-$5,092,946
Form type
4
Filing time
22 Feb 2024, 21:14:06 UTC
Previous filing
20 Feb 2024
Next filing
19 Apr 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 $8,258,939 +33,993 +83% $242.96 75,029 20 Feb 2024 Direct
transaction MAR Class A Common Stock Award $7,482,795 +30,801 +41% $242.94 105,830 20 Feb 2024 Direct
transaction MAR Class A Common Stock Award $6,233,432 +25,671 +24% $242.82 131,501 20 Feb 2024 Direct
transaction MAR Class A Common Stock Award $4,599,537 +18,957 +14% $242.63 150,458 20 Feb 2024 Direct
transaction MAR Class A Common Stock Tax liability $3,589,226 -14,793 -9.8% $242.63 135,665 20 Feb 2024 Direct F1
transaction MAR Class A Common Stock Tax liability $4,667,000 -19,220 -14% $242.82 116,445 20 Feb 2024 Direct F2
transaction MAR Class A Common Stock Sale $5,096,280 -21,000 -18% $242.68 95,445 20 Feb 2024 Direct F3
transaction MAR Class A Common Stock Tax liability $5,876,476 -24,189 -25% $242.94 71,256 20 Feb 2024 Direct F4
transaction MAR Class A Common Stock Tax liability $6,100,969 -25,111 -35% $242.96 46,145 20 Feb 2024 Direct F5
transaction MAR Class A Common Stock Sale $6,337,699 -26,109 -57% $242.74 20,036 20 Feb 2024 Direct F6
holding MAR Class A Common - Restricted Stock Units 30,762 20 Feb 2024 Direct
holding MAR Class A Common Stock 128 20 Feb 2024 401(k) account
holding MAR Class A Common Stock 3,364 20 Feb 2024 Jointly with spouse

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 -18,957 -100% $0.000000* 0 20 Feb 2024 Class A Common Stock 18,957 $139.54 Direct F7
transaction MAR Stock Appreciation Rights Options Exercise $0 -30,801 -100% $0.000000* 0 20 Feb 2024 Class A Common Stock 30,801 $142.05 Direct F8
transaction MAR Stock Appreciation Rights Options Exercise $0 -33,993 -100% $0.000000* 0 20 Feb 2024 Class A Common Stock 33,993 $120.16 Direct F9
transaction MAR Stock Appreciation Rights Options Exercise $0 -25,671 -100% $0.000000* 0 20 Feb 2024 Class A Common Stock 25,671 $124.79 Direct F10
* 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 4,164 shares of common stock upon the exercise of 18,957 stock appreciation rights ("SARs"). A total of 14,793 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 The reporting person received a net of 6,451 shares of common stock upon the exercise of 19,220 stock appreciation rights ("SARs"). A total of 25,671 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.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $242.93 and the lowest price at which shares were sold was $242.56.
F4 The reporting person received a net of 6,612 shares of common stock upon the exercise of 30,801 stock appreciation rights ("SARs"). A total of 24,189 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.
F5 The reporting person received a net of 8,882 shares of common stock upon the exercise of 33,993 stock appreciation rights ("SARs"). A total of 25,111 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.
F6 Represents the weighted average sale price. The highest price at which shares were sold was $243.09 and the lowest price at which shares were sold was $242.63.
F7 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the February 20, 2018 grant date.
F8 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the February 22, 2021 grant date.
F9 Stock Appreciatian Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the March 2, 2020 grant date.
F10 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the March 5, 2019 grant date.