FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Interval Leisure Group, Inc. [ IILG ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 09/15/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common stock | 09/15/2015 | A | 117 | A | $19.81 | 64,507(1) | D | |||
Common stock | 09/16/2015 | M | 1,246 | A | $0(6) | 65,753(7) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | $0 | 09/15/2015 | A | 15 | (2) | (2) | Common stock | 15 | $0 | 2,478(3) | D | ||||
Restricted Stock Units | $0 | 09/15/2015 | A | 7 | (2) | (2) | Common Stock | 7 | $0 | 1,246(4) | D | ||||
Restricted Stock Units | $0 | 09/15/2015 | A | 29 | (2) | (2) | Common stock | 29 | $0 | 4,804(5) | D | ||||
Restricted Stock Unit | $0 | 09/16/2015 | M | 1,246 | 09/16/2016 | (2) | Common stock | 1,246 | $0 | 0 | D |
Explanation of Responses: |
1. Includes (1) 45,064 shares held directly by the reporting person and (2) 19,443 share units accrued under the Non-Employee Director Deferred Compensation Plan, including 117 share units accrued in connection with the cash dividend declared by the company effective September 15, 2015. |
2. The rights accrued when and as cash dividends were reinvested in securities and vest on the same terms as the RSUs to which they relate with vested shares delivered shortly after vesting. |
3. Represents 2,463 RSUs originally granted on May 12, 2014 plus prior dividends and 15 RSUs issued effective September 15, 2015 in connection with the company's cash dividend. |
4. Represents 1,239 RSUs originally granted on September 16, 2014 plus prior dividends and 7 RSUs issued effective September 15, 2015 in connection with the company's cash dividend. |
5. Represents 4,775 RSUs originally granted on May 19, 2015 plus prior dividends and 29 RSUs issued effective September 15, 2015 in connection with the company's cash dividend. |
6. Represents shares of common stock issued upon vesting of restricted stock units. |
7. Includes (1) 46,310 shares held directly by the reporting person and (2) 19,443 share units accrued under the Non-Employee Director Deferred Compensation. |
/s/ Michele L. Keusch, attorney-in-fact | 09/17/2015 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |