{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-298702","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2022-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.973864+00:00","generated_at":"2026-06-21T08:49:44.886218+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Marriott Vacations prices $500M 3.25% convertible senior notes due 2027, redeems higher-cost debt","bullets":["Priced $500M of 3.25% convertible senior notes due December 2027; initial purchasers have option for additional $75M.","Initial conversion price ~$189.65 per share (32.5% premium over Dec 5 close of $143.13).","Net proceeds to redeem $6.125% secured notes due 2025 at 103.063% of principal, repay revolver, and repurchase ~0.384M shares at $143.13.","Concurrently entered convertible note hedge and warrant transactions; closing expected December 8, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-298702","json":"https://secwatch.observer/filing/0001193125-22-298702.json","markdown":"https://secwatch.observer/filing/0001193125-22-298702.md","text":"https://secwatch.observer/filing/0001193125-22-298702.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000119312522298702/0001193125-22-298702-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000119312522298702/d624200d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T08:49:44.886218+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}