4 unchanged sentences
Maximum Dollar Amount of Shares That May Yet Be Purchased Under the Plans or Programs (1)
−Removed: July 1, 2021 – July 31, 2021 — $ — — $ —
−Removed: August 1, 2021 – August 31, 2021 — $ — — $ —
−Removed: September 1, 2021 – September 30, 2021 29,035 $ 154.84 29,035 $ 246
+Added: January 1, 2022 – January 31, 2022 112,662 $ 162.72 112,662 $ 153,963,268
+Added: February 1, 2022 – February 28, 2022 198,735 $ 161.69 198,735 $ 421,829,349
+Added: March 1, 2022 – March 31, 2022 453,427 $ 152.68 453,427 $ 352,598,477
Total 764,824 $ 156.50 764,824 $ 352,598,477
_________________________
−Removed: (1) During the third quarter of 2021, our Board of Directors authorized a share repurchase program under which we may purchase shares of our common stock for an aggregate purchase price not to exceed $250 million, prior to December 31, 2022.
+Added: (1) On September 10, 2021, our Board of Directors authorized a share repurchase program under which we may purchase shares of our common stock for an aggregate purchase price not to exceed $250 million, prior to December 31, 2022.
+Added: On February 18, 2022, our Board of Directors authorized the repurchase of up to an additional $300 million of our common stock, as well as the extension of the duration of our existing share repurchase program to March 31, 2023.
All documents referenced below are being filed as a part of this Quarterly Report on Form 10-Q, unless otherwise noted.
2 unchanged sentences
Form Exhibit Date Filed
+Added: Agreement and Plan of Merger, dated as of April 30, 2018, by and among Marriott Vacations Worldwide Corporation, ILG, Inc., Ignite Holdco, Inc., Ignite Holdco Subsidiary, Inc., Volt Merger Sub, Inc., and Volt Merger Sub LLC*
+Added: 8-K 2.1 5/1/2018
Agreement and Plan of Merger by and among Marriott Vacations Worldwide Corporation, Sommelier Acquisition Corp., Champagne Resorts, Inc., Welk Hospitality Group, Inc.
13 unchanged sentences
Supplemental Indenture, dated December 31, 2019, by and among Marriott Ownership Resorts, Inc., MVW Vacations, LLC and the Bank of New York Mellon Trust Company, N.A., as trustee 10-K 4.12 3/2/2020
−Removed: Second Supplemental Indenture, dated February 26, 2020, by and among Marriott Ownership Resorts, Inc., MVW Services Corporation, and the Bank of New York Mellow Trust Company, N.A., as trustee 10-K 4.13 3/2/2020
+Added: Second Supplemental Indenture, dated February 26, 2020, by and among Marriott Ownership Resorts, Inc., MVW Services Corporation, and the Bank of New York Mellon Trust Company, N.A., as trustee 10-K 4.13 3/2/2020
+Added: Exhibit Number Description Filed
+Added: Herewith Incorporation By Reference From
+Added: Form Exhibit Date Filed
Form of 4.750% Senior Notes due 2028 (included as Exhibit A to Exhibit 4.5 above) 8-K 4.2 10/1/2019
7 unchanged sentences
Indenture, dated as of June 21, 2021, by and among Marriott Ownership Resorts, Inc., Marriott Vacations Worldwide Corporation, as guarantor, the other guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., as trustee 8-K 4.1 6/22/2021
−Removed: Exhibit Number Description Filed
−Removed: Herewith Incorporation By Reference From
−Removed: Form Exhibit Date Filed
Form of 4.500% Senior Notes due 2029 (included as Exhibit A to Exhibit 4.14 above) 8-K 4.2 6/22/2021
Description of Registered Securities 10-K 4.16 3/2/2020
−Removed: Waiver to Credit Agreement, dated as of May 14, 2020, by and among Marriott Vacations Worldwide Corporation, Marriott Ownership Resorts, Inc., the Revolving Credit Lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent 8-K 4.3 5/15/2020
−Removed: List of the Issuer and its Guarantor Subsidiaries 10-Q 22.1 11/5/2020
+Added: Incremental Facility Amendment, dated as of March 31, 2022, by and among Marriott Vacations Worldwide Corporation, Marriott Ownership Resorts, Inc., as borrower, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the incremental lenders party thereto 8-K 10.1 04/4/2022
+Added: Umbrella IP Amendment, dated as of March 4, 2022, to the Marriott License, Services and Development Agreement for Marriott Projects dated November 19, 2011, by and among Marriott International, Inc., Marriott Worldwide Corporation, and Marriott Vacations Worldwide Corporation.
+Added: List of the Issuer and its Guarantor Subsidiaries 10-K 22.1 03/1/2022
Certification of Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934 X
2 unchanged sentences
Certification of Chief Financial Officer pursuant to Rule 13a-14(b) and Section 906 of the Sarbanes-Oxley Act of 2002 Furnished
−Removed: 101 The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, formatted in Inline XBRL:
+Added: 101 The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, formatted in Inline XBRL:
(i) Interim Consolidated Statements of Income, (ii) Interim Consolidated Statements of Comprehensive Income, (iii) Interim Consolidated Balance Sheets, (iv) Interim Consolidated Statements of Cash Flows, (v) Interim Consolidated Statements of Shareholders’ Equity, and (vi) Notes to Interim Consolidated Financial Statements
−Removed: 104 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, formatted in Inline XBRL and contained in Exhibit 101
+Added: 104 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, formatted in Inline XBRL and contained in Exhibit 101
Schedules have been omitted pursuant to Item 601(b)(2) of Regulation S-K.
2 unchanged sentences
MARRIOTT VACATIONS WORLDWIDE CORPORATION
−Removed: November 8, 2021 /s/ Stephen P.
+Added: May 9, 2022 /s/ Stephen P.
Chief Executive Officer
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.