4 unchanged sentences
Maximum Dollar Amount of Shares That May Yet Be Purchased Under the Plans or Programs (1)
−Removed: January 1, 2022 – January 31, 2022 112,662 $ 162.72 112,662 $ 153,963,268
−Removed: February 1, 2022 – February 28, 2022 198,735 $ 161.69 198,735 $ 421,829,349
−Removed: March 1, 2022 – March 31, 2022 453,427 $ 152.68 453,427 $ 352,598,477
+Added: April 1, 2022 – April 30, 2022 305,037 $ 149.82 305,037 $ 306,897,878
+Added: May 1, 2022 – May 31, 2022 528,675 $ 141.15 528,675 $ 232,275,751
+Added: June 1, 2022 – June 30, 2022 588,800 $ 123.66 588,800 $ 159,463,717
Total 1,422,512 $ 135.77 1,422,512 $ 159,463,717
_________________________
−Removed: (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.
−Removed: 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.
+Added: (1) On September 13, 2021, we announced that 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 22, 2022, we announced that 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 term of our existing share repurchase program to March 31, 2023.
+Added: Additionally, on August 1, 2022, we announced that our Board of Directors authorized the repurchase of up to an additional $500 million of our common stock, as well as the extension of the term of our existing share repurchase program to June 30, 2023.
+Added: Prior to this authorization we had approximately $28 million of capacity remaining under our previous authorization.
All documents referenced below are being filed as a part of this Quarterly Report on Form 10-Q, unless otherwise noted.
18 unchanged sentences
Indenture, dated as of October 1, 2019, 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 10/1/2019
−Removed: 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 Mellon Trust Company, N.A., as trustee 10-K 4.13 3/2/2020
Exhibit Number Description Filed
1 unchanged sentence
Form Exhibit Date Filed
+Added: 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
+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
Form of 4.750% Senior Notes due 2028 (included as Exhibit A to Exhibit 4.5 above) 8-K 4.2 10/1/2019
11 unchanged sentences
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: 10-Q 10.2 5/9/2022
+Added: Marketing Track Amendment, dated as of May 19, 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: Marriott Vacations Worldwide Corporation Deferred Compensation Plan Revised July 29, 2022** X
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
+Added: Exhibit Number Description Filed
+Added: Herewith Incorporation By Reference From
+Added: Form Exhibit Date Filed
Certification of Chief Financial Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934 X
1 unchanged sentence
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 March 31, 2022, formatted in Inline XBRL:
+Added: 101 The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 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 March 31, 2022, 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 June 30, 2022, formatted in Inline XBRL and contained in Exhibit 101
Schedules have been omitted pursuant to Item 601(b)(2) of Regulation S-K.
The Company agrees to furnish supplemental copies to the SEC of any omitted schedule upon request by the SEC.
+Added: ** Management contract or compensatory plan or arrangement.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
MARRIOTT VACATIONS WORLDWIDE CORPORATION
−Removed: May 9, 2022 /s/ Stephen P.
+Added: August 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.