KINCKE VICTORIA J 4

Accession 0001179110-18-011107

CIK 0001434620other

View on SEC.gov Company Profile

Filed

Sep 3, 8:00 PM ET

Accepted

Sep 4, 8:13 PM ET

Size

33.4 KB

Accession

0001179110-18-011107

Insider Transaction Report

Form 4

Period: 2018-09-01

ILG, LLCILG

KINCKE VICTORIA J

General Counsel

Transactions

Disposition to Issuer
Common stock
2018-09-01−101,017→ 0 total
Award
Restricted stock units
2018-09-01+8,317→ 8,317 total
Exercise: $0.00Exp: 2020-02-14→ Common stock (8,317 underlying)
Disposition to Issuer
Restricted stock units
2018-09-01−3,890→ 0 total
Exercise: $0.00→ Common stock (3,890 underlying)
Disposition to Issuer
Restricted Stock Units
2018-09-01−1,704→ 0 total
Exercise: $0.00→ Common Stock (1,704 underlying)
Award
Restricted stock unit
2018-09-01+11,142→ 11,142 total
Exercise: $0.00Exp: 2019-05-12→ Common stock (11,142 underlying)
Disposition to Issuer
Restricted Stock Units
2018-09-01−5,573→ 0 total
Exercise: $0.00→ Common stock (5,573 underlying)
Disposition to Issuer
Restricted stock unit
2018-09-01−8,317→ 0 total
Exercise: $0.00→ Common stock (8,317 underlying)
Award
Restricted stock unit
2018-09-01+3,890→ 3,890 total
Exercise: $0.00Exp: 2019-02-23→ Common stock (3,890 underlying)
Disposition to Issuer
Restricted stock units
2018-09-01−11,142→ 0 total
Exercise: $0.00→ Common stock (11,142 underlying)
Award
Restricted Stock Units
2018-09-01+5,774→ 5,774 total
Exercise: $0.00Exp: 2021-02-20→ Common stock (5,774 underlying)
Disposition to Issuer
Retricted Stock Units
2018-09-01−5,839→ 0 total
Exercise: $0.00→ Common stock (5,839 underlying)
Disposition to Issuer
Restricted stock units
2018-09-01−11,143→ 0 total
Exercise: $0.00→ Common stock (11,143 underlying)
Disposition to Issuer
Retricted Stock Units
2018-09-01−5,775→ 0 total
Exercise: $0.00→ Common stock (5,775 underlying)
Disposition to Issuer
Restricted stock units
2018-09-01−5,774→ 0 total
Exercise: $0.00→ Common stock (5,774 underlying)

Footnotes (9)

[F1]Represents RSUs originally granted on February 24, 2015.
[F2]Represents RSUs originally granted on February 23, 2016.
[F3]Represents RSUs originally granted on May 12, 2016.
[F4]Represents RSUs originally granted on February 14, 2017.
[F5]Represents RSUs originally granted on February 20, 2018.
[F6]Pursuant to the Agreement and Plan of Merger, dated as of April 30, 2018 (the "Merger Agreement"), among ILG, Inc. (the "Company"), Marriott Vacations Worldwide Corporation ("MVW"), Ignite Holdco, Inc., Ignite Holdco Subsidiary, Inc., Volt Merger Sub, Inc. and Volt Merger Sub, LLC, each share of the Company's common stock, par value $0.01 per share ("ILG Common Stock"), was converted into the right to receive 0.165 shares of MVW's common stock, par value $0.01 per share ("MVW Common Stock"), and $14.75 in cash.
[F7]Pursuant to the Merger Agreement, through a series of transactions, each outstanding restricted stock unit ("RSU") was converted into the right to receive (A) an RSU of MVW with respect to the number of shares of MVW Common Stock, rounded up or down to the nearest share, determined by multiplying the number of shares (the "RSU Share Number") of ILG Common Stock subject to the original RSU by 0.165, subject to the same terms and conditions (including vesting conditions) as the original RSU and (B) a cash award in an amount determined by multiplying the RSU Share Number by $14.75, subject to the same vesting conditions as the original RSU.
[F8]Pursuant to the Merger Agreement, each outstanding performance-based restricted stock unit ("PSU") was converted into the right to receive (A) an RSU of MVW with respect to the number of shares of MVW Common Stock, rounded up or down to the nearest share, determined by multiplying the number of shares (the "PSU Share Number") of ILG Common Stock subject to the original PSU assuming achievement of applicable performance goals at target level by 0.165, subject to the same terms and conditions (including vesting conditions other than performance criteria) as the original PSU and (B) a cash award in an amount determined by multiplying the PSU Share Number by $14.75, subject to the same vesting conditions (other than performance criteria) as the original PSU.
[F9]Represents performance share awards deemed earned at target pursuant to the Merger Agreement.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

ILG, LLC

CIK 0001434620

→

Entity typeother

Related Parties

filerCIK 0001440957

Filing Metadata

Form type: 4
Filed: Sep 3, 8:00 PM ET
Accepted: Sep 4, 8:13 PM ET
Size: 33.4 KB

View on SEC.gov