William P. Brown - 22 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
22 Nov 2024
Net transactions value
-$1,876,420
Form type
4
Filing time
25 Nov 2024, 15:56:11 UTC
Previous filing
12 Nov 2024
Next filing
27 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $1,876,446 +6,600 +36% $284.31 24,784 22 Nov 2024 Direct
transaction MAR Class A Common Stock Sale $485,292 -1,707 -6.9% $284.30 23,077 22 Nov 2024 Direct
transaction MAR Class A Common Stock Tax liability $1,391,129 -4,893 -21% $284.31 18,184 22 Nov 2024 Direct F1
holding MAR Class A Common - Restricted Stock Units 8,665 22 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 $1,876,446 -6,600 -100% $284.31 0 22 Nov 2024 Class A Common Stock 6,600 $142.05 Direct F2
* 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 1,707 shares of Class A Common Stock upon the exercise of 6,600 Stock Appreciation Rights ("SARs"). A total of 4,893 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 SARs, settled in Class A Common Stock and vesting in three equal installments beginning on February 22, 2021, and thereafter on the anniversary of that date.