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

Signature
/s/ Jeff Zanotti as Attorney-in-Fact for Michael Hug
Issuer symbol
TNL
Transactions as of
07 Mar 2023
Net transactions value
-$57,871
Form type
4
Filing time
08 Mar 2023, 15:55:49 UTC
Previous filing
03 Jun 2022
Next filing
13 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNL Common Stock Award $0 +5,633 +9.3% $0.000000 66,399 07 Mar 2023 Direct F1, F2
transaction TNL Common Stock Tax liability $57,871 -1,372 -2.1% $42.18 65,027 07 Mar 2023 Direct F2, F3
transaction TNL Common Stock Award $0 +49,786 +40% $0.000000 173,210 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 Includes previously reported shares of common stock.
F3 Common stock withheld as payment toward the exercise price and tax liability incident to the exercise of stock settled stock appreciation rights granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.
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 Previously reported restricted stock units.