Marriott Vacations CFO gets 18,750 performance units
Marino Jason P. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Marino Jason P. reported acquisition or exercise transactions in this Form 4 filing.
MARRIOTT VACATIONS WORLDWIDE Corp reported that Executive Vice President and Chief Financial Officer Jason P. Marino received a grant of 18,750 performance stock units on common stock. These units vest on December 31, 2028, or June 30, 2029, as applicable, and the payout can range from 0% to 200% of the target based on specified stock price performance goals. Following this grant, Marino holds 18,750 performance stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit F1 | 18,750 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units granted at a target level and vests on December 31, 2028, or June 30, 2029, as applicable, and to be distributed following the Issuer's certification of performance. The actual number of shares of common stock that may be earned will range from 0% to 200% of the target number based on the achievement of specified stock price performance goals over the applicable performance period.
Key Figures
Key Terms
Performance Stock Unit financial
restricted stock units financial
stock price performance goals financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did VAC grant to Jason P. Marino in this Form 4?
When do Jason P. Marino’s new VAC performance stock units vest?
What performance conditions apply to Jason P. Marino’s VAC equity grant?
How many VAC performance stock units does Jason P. Marino hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.