William P. Brown - Mar 25, 2022 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role
Group Pres., US and Canada
Signature
Andrew P.C. Wright, Attorney-in-Fact
Stock symbol
MAR
Transactions as of
Mar 25, 2022
Transactions value $
$6
Form type
4
Date filed
3/28/2022, 06:17 PM
Previous filing
Feb 22, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $710K +4.14K +26.25% $171.35 19.9K Mar 25, 2022 Direct
transaction MAR Class A Common Stock Sale -$99.5K -581 -2.92% $171.34 19.3K Mar 25, 2022 Direct F1
transaction MAR Class A Common Stock Tax liability -$610K -3.56K -18.41% $171.35 15.8K Mar 25, 2022 Direct F2
holding MAR Class A Common - Restricted Stock Units 8.92K Mar 25, 2022 Direct

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 MAR Stock Appreciation Rights Options Exercise $0 -4.14K -100% $0.00* 0 Mar 25, 2022 Class A Common Stock 4.14K $124.79 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The highest price at which shares were sold was $171.35 and the lowest price at which shares were sold was $171.32.
F2 The reporting person received 581 shares of common stock upon the net exercise of 4,141 stock appreciation rights ("SARs"). A total of 3,560 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.
F3 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the March 5, 2019 grant date.