---
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"
generated_at: "2026-06-21T08:49:44.886218+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations prices $500M 3.25% convertible senior notes due 2027, redeems higher-cost debt

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-298702
- JSON: https://secwatch.observer/filing/0001193125-22-298702.json
- Plain text: https://secwatch.observer/filing/0001193125-22-298702.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.