Lucinda Martinez - Nov 11, 2021 Form 4 Insider Report for Travel & Leisure Co. (TNL)

Role
Director
Signature
/s/ Jeff J. Zanotti as Attorney-in-Fact for Lucinda Martinez
Stock symbol
TNL
Transactions as of
Nov 11, 2021
Transactions value $
$0
Form type
4
Date filed
11/15/2021, 05:04 PM
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNL Common Stock Award $0 +283 $0.00 283 Nov 11, 2021 Direct F1
transaction TNL Common Stock Award $0 +2.95K $0.00 2.95K Nov 11, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred stock units issued for pro-rated quarterly retainer fees. Each deferred stock unit entitles the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.
F2 Restricted stock units granted on November 11, 2021 under the Registrant's Equity and Incentive Plan. The units vest in four equal installments on each of the first four anniversaries of November 25, 2021, subject to the reporting person's continuous service as a Director. The reporting person will receive one share of common stock for each vested restricted stock unit.