Anthony Capuano - 12 Nov 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
12 Nov 2024
Net transactions value
-$6,649,695
Form type
4
Filing time
13 Nov 2024, 19:42:16 UTC
Previous filing
23 Feb 2024
Next filing
03 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $6,650,401 +23,370 +25% $284.57 116,693 12 Nov 2024 Direct
transaction MAR Class A Common Stock Sale $2,370,332 -8,332 -7.1% $284.49 108,361 12 Nov 2024 Direct F1
transaction MAR Class A Common Stock Tax liability $4,279,364 -15,038 -14% $284.57 93,323 12 Nov 2024 Direct F2
holding MAR Class A Common - Restricted Stock Units 36,102 12 Nov 2024 Direct
holding MAR Class A Common Stock 1,906 12 Nov 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 Options Exercise $6,650,401 -23,370 -100% $284.57 0 12 Nov 2024 Class A Common Stock 23,370 $88.31 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The highest price at which shares were sold was $284.56 and the lowest price at which shares were sold was $284.48.
F2 The reporting person received a net of 8,332 shares of Class A Common Stock upon the exercise of 23,370 Stock Appreciation Rights ("SARs"). A total of 15,038 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 February 21, 2017, and thereafter on the anniversary of that date.