Mark D. Wang - Feb 22, 2023 Form 4 Insider Report for Hilton Grand Vacations Inc. (HGV)

Role
Title: President and Chief Executive Officer, Director
Signature
/s/ Charles R. Corbin, as Attorney-in-Fact
Stock symbol
HGV
Transactions as of
Feb 22, 2023
Transactions value $
-$1,420,343
Form type
4
Date filed
2/24/2023, 03:06 PM
Previous filing
Mar 24, 2022
Next filing
Mar 7, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGV Common Stock Options Exercise $0 +85.7K +17.26% $0.00 582K Feb 22, 2023 Direct F1
transaction HGV Common Stock Tax liability -$1.42M -30.5K -5.24% $46.59 551K Feb 22, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock earned in connection with the settlement of performance share units previously granted pursuant to the Hilton Grand Vacations Inc. 2017 Omnibus Incentive Plan for the performance period commencing on January 1, 2021 and ending on December 31, 2022. Such shares were earned based on the determination of the Issuer's Compensation Committee as to the satisfaction of the applicable performance metrics.
F2 Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding requirements in connection with the issuance of share of common stock in settlement of performance share units described in footnote (1) above.

Remarks:

Title: President and Chief Executive Officer