Marriott Vacations (VAC) director awarded 315 shares for deferred fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gray Jonice M reported acquisition or exercise transactions in this Form 4 filing.
Marriott Vacations Worldwide director Jonice M. Gray received a grant of 315 shares of common stock. The award was issued at a price of $0.00 per share under the company’s 2020 Equity Incentive Plan through the deferral of board fees. Following this compensation-related grant, Gray directly holds 17,802 Marriott Vacations Worldwide common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gray Jonice M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 315 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,802 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 315 shares
Grant price: $0.00 per share
Shares owned after grant: 17,802 shares
3 metrics
Shares granted
315 shares
Common stock grant for deferred board fees
Grant price
$0.00 per share
Equity award under 2020 Equity Incentive Plan
Shares owned after grant
17,802 shares
Total direct holdings following transaction
Key Terms
2020 Equity Incentive Plan, deferral, fully vested
3 terms
2020 Equity Incentive Plan financial
"Shares issued under the Marriott Vacations Worldwide Corporation 2020 Equity Incentive Plan"
deferral financial
"pursuant to the deferral by the Reporting Person of fees payable"
fully vested financial
"Fully vested at the date of grant and payable in common stock"
FAQ
What insider transaction did Marriott Vacations Worldwide (VAC) report for Jonice M. Gray?
Marriott Vacations Worldwide reported that director Jonice M. Gray received 315 shares of common stock. The shares were granted as compensation under the 2020 Equity Incentive Plan in connection with her decision to defer fees for serving on the company’s Board of Directors.
Was the Marriott Vacations Worldwide (VAC) stock grant to Jonice M. Gray an open-market purchase?
No, the transaction was not an open-market purchase. The 315 shares were issued at $0.00 per share as a grant under the 2020 Equity Incentive Plan, representing deferred board fees rather than a cash purchase on the open market.