William P. Brown - Nov 8, 2024 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
Group Pres., US and Canada
Signature
Andrew P.C. Wright, Attorney-in-Fact
Stock symbol
MAR
Transactions as of
Nov 8, 2024
Transactions value $
-$1,932,251
Form type
4
Date filed
11/12/2024, 02:48 PM
Previous filing
Sep 9, 2024
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $1.52M +5.48K +30.15% $277.83 23.7K Nov 8, 2024 Direct
transaction MAR Class A Common Stock Award $407K +1.46K +6.18% $278.68 25.1K Nov 8, 2024 Direct
transaction MAR Class A Common Stock Tax liability -$288K -1.03K -4.11% $278.68 24.1K Nov 8, 2024 Direct F1
transaction MAR Class A Common Stock Sale -$568K -2.04K -8.45% $278.74 22.1K Nov 8, 2024 Direct
transaction MAR Class A Common Stock Tax liability -$1.08M -3.88K -17.57% $277.83 18.2K Nov 8, 2024 Direct F2
holding MAR Class A Common - Restricted Stock Units 8.67K Nov 8, 2024 Direct

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 -$407K -1.46K -21.05% $278.68 5.48K Nov 8, 2024 Class A Common Stock 1.46K $120.16 Direct F3
transaction MAR Stock Appreciation Rights Options Exercise -$1.52M -5.48K -100% $277.83 0 Nov 8, 2024 Class A Common Stock 5.48K $120.16 Direct F3
* 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 429 shares of Class A Common Stock upon the exercise of 1,462 Stock Appreciation Rights ("SARs"). A total of 1,033 shares of Class A 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 1,608 shares of Class A Common Stock upon the exercise of 5,483 SARs. A total of 3,875 shares of Class A 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 SARs, settled in Class A Common Stock and vesting in three equal installments beginning on March 2, 2020, and thereafter on the anniversary of that date.