Olivier Chavy - 07 Mar 2023 Form 4 Insider Report for Travel & Leisure Co. (TNL)

Role
President, Travel + Leisure Club and Panorama
Signature
/s/ Jeff Zanotti as Attorney-in-Fact for Olivier Chavy
Issuer symbol
TNL
Transactions as of
07 Mar 2023
Net transactions value
-$43,403
Form type
4
Filing time
08 Mar 2023, 15:52:59 UTC
Previous filing
01 Aug 2022
Next filing
13 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNL Common Stock Award $0 +4,225 $0.000000 4,225 07 Mar 2023 Direct F1
transaction TNL Common Stock Tax liability $43,403 -1,029 -24% $42.18 3,196 07 Mar 2023 Direct F2, F3
transaction TNL Common Stock Award $0 +32,005 +26% $0.000000 155,016 07 Mar 2023 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common stock acquired on vesting of previously-granted restricted stock units which vested on March 7, 2023.
F2 Common stock withheld as payment toward the tax liability incident to the vesting of restricted stock units granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.
F3 Shares of common stock.
F4 Restricted stock units granted on March 7, 2023 under the Registrant's Equity and Incentive Plan. The units vest in four equal installments on each of the first four anniversaries of March 10, 2023, subject to the reporting person's continuous service. The reporting person will receive one share of common stock for each vested restricted stock unit.
F5 Includes previously reported shares of restricted stock units.

Remarks:

President, Travel + Leisure Club and Panorama