Michael Dean Brown - 07 Mar 2023 Form 4 Insider Report for Travel & Leisure Co. (TNL)

Role
President and Chief Executive Officer., Director
Signature
/s/ Jeff Zanotti as Attorney-in-Fact for Michael Dean Brown
Issuer symbol
TNL
Transactions as of
07 Mar 2023
Net transactions value
-$43,403
Form type
4
Filing time
08 Mar 2023, 15:57:12 UTC
Previous filing
03 Jun 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 +3.2% $0.000000 134,256 07 Mar 2023 Direct F1, F2
transaction TNL Common Stock Tax liability $43,403 -1,029 -0.77% $42.18 133,227 07 Mar 2023 Direct F2, F3
transaction TNL Common Stock Award $0 +104,314 +50% $0.000000 313,488 07 Mar 2023 Direct F4, F5, F6
* 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, 2022.
F2 Includes previously reported shares of common stock.
F3 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.
F4 Restricted Stock Units
F5 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.
F6 Includes previously reported restricted stock units.

Remarks:

President and Chief Executive Officer.