Charles R. Corbin Jr. - 05 Mar 2024 Form 4 Insider Report for Hilton Grand Vacations Inc. (HGV)

Signature
/s/ Charles R. Corbin
Issuer symbol
HGV
Transactions as of
05 Mar 2024
Net transactions value
-$703,931
Form type
4
Filing time
07 Mar 2024, 17:36:38 UTC
Previous filing
23 Feb 2024
Next filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGV Common Stock Award $0 +15,230 +10% $0.000000 166,997 05 Mar 2024 Direct F1
transaction HGV Common Stock Options Exercise $176,778 +6,755 +4% $26.17 173,752 06 Mar 2024 Direct
transaction HGV Common Stock Sale $313,432 -6,755 -3.9% $46.40 166,997 06 Mar 2024 Direct
transaction HGV Common Stock Options Exercise $899,997 +31,802 +19% $28.30 198,799 06 Mar 2024 Direct
transaction HGV Common Stock Sale $1,467,274 -31,802 -16% $46.14 166,997 06 Mar 2024 Direct F2

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 HGV Stock Option (Right to Buy) Award $0 +14,960 $0.000000 14,960 05 Mar 2024 Common Stock 14,960 $44.32 Direct F3
transaction HGV Stock Option (Right to Buy) Options Exercise $0 -6,755 -100% $0.000000* 0 06 Mar 2024 Common Stock 6,755 $26.17 Direct F4
transaction HGV Stock Option (Right to Buy) Options Exercise $0 -31,802 -100% $0.000000* 0 06 Mar 2024 Common Stock 31,802 $28.30 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Service-based restricted stock units, which vest in three equal annual installments beginning on March 5, 2025.
F2 The price reported in column 4 is a weighted average price. These shares were sold at prices ranging from $46.06-$46.40, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The option vests in three equal annual installments beginning on March 5, 2025.
F4 Stock options became exercisable in three equal annual installments beginning on February 10, 2016.
F5 Stock options became exercisable over three years as follows: 25% on March 9, 2018, 25% on March 9, 2019 and 50% on March 9, 2020.

Remarks:

Title: Executive Vice President and General Counsel