(Amendment No. 3)
Information to be included in statements
filed pursuant to Rule 13d-1(a) and amendments thereto filed pursuant to Rule 13d-2(a)
Stephanie M. Loughlin
The information required on the remainder of this cover page
shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see
the Notes).
SCHEDULE 13D/A
CUSIP No. 57164Y107
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Page 2 of 6 Pages
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1
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Deborah Marriott Harrison
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
¨
(b)
o
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3
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SEC USE ONLY
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4
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SOURCE OF FUND
OO
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
¨
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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7
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SOLE VOTING POWER
15,041*
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8
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SHARED VOTING POWER
2,069,775**
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9
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SOLE DISPOSITIVE POWER
15,041*
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10
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SHARED DISPOSITIVE POWER
2,069,775**
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON
2,084,816
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES
Not Applicable
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
7.4%***
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14
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TYPE OF REPORTING PERSON
IN
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* Consists of the following: 15,041 shares held directly
by Deborah Marriott Harrison.
** Consists of the following: (a) 2,002,797
shares beneficially owned by JWM Family Enterprises, Inc., for which Deborah Marriott Harrison serves as a director; (b)
1,425 shares held directly by Deborah Marriott Harrison’s spouse, Ronald Taylor Harrison; (c) 502 shares held by two
trusts for the benefit of Deborah Marriott Harrison’s grandchildren, for which Deborah Marriott Harrison’s spouse
serves as a trustee; (d) 2,800 shares held by a limited liability company, for which Deborah Marriott Harrison’s spouse
serves as a manager; (e) 2,548 shares subject to Options, SARs, RSUs and deferred bonus stock held by Deborah Marriott
Harrison’s spouse currently exercisable or exercisable within 60 days of May 11, 2016 (SAR underlying share amounts are
based on the $59.44 closing price of Marriott Vacations Worldwide Corporation common stock on May 11, 2016); (f) 17,005
shares owned by three trusts for the benefit of Deborah Marriott Harrison’s children, for which Deborah Marriott
Harrison serves as a trustee; (g) 17,698 shares owned by three trusts for the benefit of John W. Marriott III’s
children, for which Deborah Marriott Harrison serves as a trustee; and (h) 25,000 held by The JWM Generations Trust, for
which Deborah Marriott Harrison serves as a trustee. Mrs. Harrison disclaims beneficial ownership of the foregoing shares in
excess of her pecuniary interest.
*** The denominator is based on: (a) the 28,218,122 shares
of common stock outstanding as of April 22, 2016, as reported on the facing page of the Form 10-Q for the quarterly period ended
March 25, 2016, filed by Marriott Vacations Worldwide Corporation; and (b) 2,548 shares subject to Options, SARs, RSUs and deferred
bonus stock exercisable within 60 days of May 11, 2016.
CUSIP No. 57164Y107
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Page 3 of 6 Pages
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This Amendment No. 3
on Schedule 13D/A (this “Amendment”) is being filed by Deborah Marriott Harrison (the “Reporting Person”).
The shares of Common Stock of the Issuer held by the Reporting Person and reported on this Amendment were previously reported on
a Schedule 13D, filed on November 30, 2011, as amended by Amendment No. 1, filed on March 13, 2013, and Amendment No. 2, filed
on November 21, 2013 (the “Schedule 13D”), that was jointly filed by the Reporting Person, J.W. Marriott, Jr., David
Sheets Marriott, Estate of Stephen Garff Marriott, John W. Marriott III, Stephen Blake Marriott, JWM Family Enterprises, Inc. and
JWM Family Enterprises, L.P. This Amendment supersedes the information contained in the Schedule 13D with respect to the Reporting
Person.
Item 1. Security and Issuer
The class of equity securities
to which this Amendment relates is the Common Stock, par value $0.01 per share (the “MVWC Stock”), of Marriott Vacations
Worldwide Corporation, a Delaware corporation (“MVWC”). The principal executive offices of MVWC are located at 6649
Westward Boulevard, Orlando, FL 32821.
Item 2. Identity and Background
The business address
of the Reporting Person is as follows:
Deborah Marriott Harrison
c/o Marriott International,
Inc.
10400 Fernwood Road
Bethesda, MD 20817
The present principal
occupation of the Reporting Person is Global Officer, Marriott Culture and Business Councils, Marriott International, Inc. The
Reporting Person also presently serves as a director of JWM Family Enterprises, Inc.
During the last five
years, the Reporting Person has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors).
During the last five
years, the Reporting Person has not been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction
as the result of which she was or is subject to any judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
The Reporting Person
is a citizen of the United States of America.
CUSIP No. 57164Y107
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Page 4 of 6 Pages
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Item 3. Source and Amount of Funds or
Other Consideration
The outstanding shares
of MVWC Stock reported as beneficially owned by the Reporting Person were acquired: (i) as part of the spin-off of MVWC by Marriott
International, Inc. (“MI”); (ii) the dissolution of a limited partnership of which the Reporting Person was a limited
partner; (iii) in the form of awards received by the Reporting Person in connection with her service as a director of MVWC; or
(iv) by gift. Shares of MVWC Stock that can be acquired through the exercise of stock options (“Options”), stock appreciation
rights (“SARs”) and restricted stock units (“RSUs”) are based on corresponding awards to acquire shares
of Class A Common Stock, par value $0.01 per share, of MI that were outstanding as of November 21, 2011, the distribution date.
The Reporting Person’s spouse received the MI awards through his service as an employee of MI.
Item 4. Purpose of Transaction
The Reporting Person
does not have any plans or proposals that relate to or would result in any of the events set forth in Items 4(a) through (j) of
Schedule 13D.
Item 5. Interest in Securities of the
Issuer
(a) See Items 11 and
13 and the footnotes thereto of the cover page to this Amendment, which are incorporated herein by reference, for the aggregate
number of shares and percentage of the issued and outstanding MVWC Stock owned by the Reporting Person.
(b) See Items 7 and 9
and the footnotes thereto of the cover page to this Amendment, which are incorporated herein by reference, for the aggregate number
of shares of MVWC Stock beneficially owned by the Reporting Person as to which there is sole power to vote or direct the vote or
sole power to dispose or to direct the disposition of such shares of MVWC Stock.
See
Items 8 and 10
and the footnotes thereto of the cover page to this Amendment, which are incorporated herein by reference,
for the aggregate number of shares of MVWC Stock beneficially owned by the Reporting Person as to which there is shared power to
vote or direct the vote or shared power to dispose or to direct the disposition of such shares of MVWC Stock.
To the best of the Reporting
Person’s knowledge, the applicable information required by Item 2 with respect to each person with whom the power to vote
or to direct the vote or to dispose or direct the disposition is shared is contained in the Schedule 13D.
(c) The Reporting Person has not effected
any transactions in the MVCW Stock during the past sixty days.
(d) No other person is known to have the right
to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of MVWC Stock referred
to in paragraphs (a) and (b) above.
(e) Not applicable.
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Page 5 of 6 Pages
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Item 6. Contracts, Arrangements, Understandings
or Relationships with Respect to Securities of the Issuer
Not applicable.
Item 7. Material to be Filed as Exhibits
Not applicable.
CUSIP No. 57164Y107
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Page 6 of 6 Pages
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Signature
After reasonable inquiry
and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
5/23/2016
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By:
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/s/ Deborah Marriott Harrison
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Date
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Deborah Marriott Harrison
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