R. Lee Cunningham - 28 Feb 2022 Form 4 Insider Report for MARRIOTT VACATIONS WORLDWIDE Corp (VAC)

Reporting relationship: Exec VP & COO
Issuer ticker: VAC
Reported as of: 28 Feb 2022
Net transaction value: -$1,059,144
SEC form: 4
Accepted by SEC: 02 Mar 2022, 16:00:49 UTC
Prior SEC filing: 17 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ James H Hunter, IV Attorney-In-Fact

Key filing fact

R. Lee Cunningham filed Form 4 for MARRIOTT VACATIONS WORLDWIDE Corp (VAC) on 02 Mar 2022.

Key facts

This page summarizes R. Lee Cunningham's Form 4 filing for MARRIOTT VACATIONS WORLDWIDE Corp (VAC).
6 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Mar 2022, 16:00.

Change

Previous filing in this sequence was filed on 17 Feb 2022.
Current net transaction value: -$1,059,144.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VAC transaction

Common Stock

Award

Transaction value: $0
Shares: +1,174
Change %: +6.5%
Price: $0.000000
Shares after: 19,133
Date: 28 Feb 2022
Ownership: Direct
Footnotes: F1

VAC transaction

Common Stock

Award

Transaction value: $0
Shares: +1,409
Change %: +7.4%
Price: $0.000000
Shares after: 20,542
Date: 01 Mar 2022
Ownership: Direct
Footnotes: F2

VAC transaction

Common Stock

Tax liability

Transaction value: $87,124
Shares: -555
Change %: -2.7%
Price: $156.98
Shares after: 19,987
Date: 01 Mar 2022
Ownership: Direct

VAC transaction

Common Stock

Award

Transaction value: $0
Shares: +15,735
Change %: +79%
Price: $0.000000
Shares after: 35,722
Date: 01 Mar 2022
Ownership: Direct
Footnotes: F2

VAC transaction

Common Stock

Tax liability

Transaction value: $972,020
Shares: -6,192
Change %: -17%
Price: $156.98
Shares after: 29,530
Date: 01 Mar 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VAC transaction Derivative

Stock Appreciation Right

Award

Transaction value: $0
Shares: +4,524
Change %
Price: $0.000000
Shares after: 4,524
Date: 28 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,524
Exercise price: $159.27
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Vests in four equal installments over the four-year period beginning on February 15, 2023.

Footnote F2

Common stock issued on vesting of performance-based restricted stock units granted on March 4, 2019 and earned on March 1, 2022 upon achievement of specified levels of performance over three annual performance periods, one for each of the 2019, 2020, and 2021 fiscal years.