William P. Brown - Feb 21, 2025 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
Feb 21, 2025
Transactions value $
-$9,602,703
Form type
4
Date filed
2/25/2025, 06:15 PM
Previous filing
Feb 20, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAR Class A Common Stock Award $4.57M +16.1K +62.78% $284.94 41.6K Feb 21, 2025 Direct
transaction MAR Class A Common Stock Award $2.85M +9.98K +23.98% $285.23 51.6K Feb 21, 2025 Direct
transaction MAR Class A Common Stock Tax liability -$2.29M -8.03K -15.57% $285.23 43.6K Feb 21, 2025 Direct F1
transaction MAR Class A Common Stock Sale -$3.61M -12.6K -29.02% $285.63 30.9K Feb 21, 2025 Direct F2
transaction MAR Class A Common Stock Tax liability -$3.7M -13K -42% $284.94 17.9K Feb 21, 2025 Direct F3
transaction MAR Class A Common Stock Gift $0 -266 -1.48% $0.00 17.7K Feb 24, 2025 Direct
holding MAR Class A Common - Restricted Stock Units 7.53K Feb 21, 2025 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 -$2.85M -9.98K -66.67% $285.23 4.99K Feb 21, 2025 Class A Common Stock 9.98K $177.55 Direct F4
transaction MAR Stock Appreciation Rights Options Exercise -$4.57M -16.1K -100% $284.94 0 Feb 21, 2025 Class A Common Stock 16.1K $179.75 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a net of 1,947 shares of common stock upon the exercise of 9,980 stock appreciation rights ("SARs"). A total of 8,033 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.
F2 The Reporting Person sold a total of 12,642 shares. 5,067 shares were sold at a weighted average sale price of $286.04 with a high price of $286.17 and a low price of $285.87. 7,575 were sold at a weighted average sale price of $285.37 with a high price of $285.83 and a low price of $284.86.
F3 The reporting person received a net of 3,063 shares of common stock upon the exercise of 16,050 stock appreciation rights ("SARs"). A total of 12,987 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.
F4 Stock Appreciation Right, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the February 16, 2023 grant date.
F5 Stock Appreciation Rights, settled in Class A Common Stock and vesting in three equal annual installments beginning on the first anniversary of the February 17, 2022 grant date.