William P. Brown - 08 Nov 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
Issuer symbol
MAR
Transactions as of
08 Nov 2024
Net transactions value
-$1,932,251
Form type
4
Filing time
12 Nov 2024, 14:48:38 UTC
Previous filing
09 Sep 2024
Next filing
25 Nov 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 $1,523,342 +5,483 +30% $277.83 23,667 08 Nov 2024 Direct
transaction MAR Class A Common Stock Award $407,430 +1,462 +6.2% $278.68 25,129 08 Nov 2024 Direct
transaction MAR Class A Common Stock Tax liability $287,876 -1,033 -4.1% $278.68 24,096 08 Nov 2024 Direct F1
transaction MAR Class A Common Stock Sale $567,783 -2,037 -8.5% $278.74 22,059 08 Nov 2024 Direct
transaction MAR Class A Common Stock Tax liability $1,076,591 -3,875 -18% $277.83 18,184 08 Nov 2024 Direct F2
holding MAR Class A Common - Restricted Stock Units 8,665 08 Nov 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 $407,430 -1,462 -21% $278.68 5,483 08 Nov 2024 Class A Common Stock 1,462 $120.16 Direct F3
transaction MAR Stock Appreciation Rights Options Exercise $1,523,342 -5,483 -100% $277.83 0 08 Nov 2024 Class A Common Stock 5,483 $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.