MARRIOTT VACATIONS WORLDWIDE

Ticker: VAC CUSIP: 57164Y107 Class: Common Stock

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

Note: Option positions (PUT/CALL) are excluded.

Q1 2018

Shares 1,710 Value ($000) $228 Avg Close $141.37 Range $132.26 - $154.14

Q3 2017

Shares 38,740 Value ($000) $4,824 Avg Close $115.11 Range $107.58 - $125.90

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	1,710	$228	$141.37	$132.26 - $154.14
Q3 2017	38,740	$4,824	$115.11	$107.58 - $125.90