Prospectus Supplement
January 7, 2002
(TO PROSPECTUS DATED DECEMBER 12, 2001)
The Prospectus dated December 12, 2001 (the "Prospectus") relating to the offer
for resale of up to $470,000,000 aggregate principal amount of Liquid Yield
Option Notes (Zero Coupon - Senior) of Marriott International, Inc. ("Marriott")
and the shares of Marriott's Class A common stock, par value $0.01 per share,
issuable upon conversion or redemption of the LYONs is hereby amended as
follows:
The table beginning on page 39 of the Prospectus is hereby replaced in its
entirety with the following table in order to (1) add additional selling
securityholders named below that were not included in the table on page 39, (2)
update the information in the table regarding all other holders and (3) restate
the information in the column labeled "Number of Shares of Common Stock that May
be Sold" to reflect conversion of all of the holder's LYONs at a conversion rate
of 13.5285 shares of common stock per $1,000 principal amount at maturity of the
LYONs, rounded down to the nearest whole number of shares:
Aggregate Number of
Principal Amount Shares of
of LYONs at Percentage Common Stock Percentage of
Maturity that of LYONs that May be Common Stock
Name May be Sold Outstanding Sold(1) Outstanding(2)
---- ----------- ----------- ------- --------------
Absolute Return Fund, Ltd. 518,200 * 7,010 *
Allstate Insurance Company 1,500,000 * 20,292 *
Allstate Life Insurance Company 3,500,000 * 47,349 *
Aloha Airlines Non-Pilots Pension
Trust 110,000 * 1,488 *
Aloha Pilots Retirement Trust 65,000 * 879 *
American Companies/Michigan Mutual
Insurance Company 350,000 * 4,734 *
American Fidelity Assurance Company 175,000 * 2,367 *
Associated Electric and Gas Insurance
Services Limited 700,000 * 9,469 *
Bank Austria Cayman Islands, Ltd. 3,000,000 * 40,585 *
Black Diamond Offshore Limited 852,000 * 11,526 *
Blue Cross Blue Shield of Florida 1,000,000 * 13,528 *
C&H Sugar Company Inc. 165,000 * 2,232 *
CapitalCare, Inc. 40,000 * 541 *
CareFirst of Maryland, Inc. 225,000 * 3,043 *
City of Birmingham Retirement &
Relief System 900,000 * 12,175 *
Credit Industrial D'Alsace Et De
Lorraine 3,500,000 * 47,349 *
Credit Lyonnais Securities (USA) Inc. 8,000,000 1.70 108,228 *
Deutsche Banc Alex Brown Inc. 60,990,000 12.97 825,103 *
Double Black Diamond Offshore LDC 3,938,000 * 53,275 *
Drury University 50,000 * 676 *
FreeState Health Plan, Inc. 50,000 * 676 *
Gala Offshore Master Fund Ltd. 7,500,000 1.60% 101,463 *
Genesee County Employees' Retirement
System 350,000 * 4,734 *
GLG Market Neutral Fund 500,000 * 6,764 *
Aggregate Number of
Principal Amount Shares of
of LYONs at Percentage Common Stock Percentage of
Maturity that of LYONs that May be Common Stock
Name May be Sold Outstanding Sold(1) Outstanding(2)
---- ----------- ----------- ------- --------------
Greek Catholic Union 60,000 * 811 *
Greek Catholic Union II 40,000 * 541 *
Group Hospitalization and Medical
Services, Inc. 225,000 * 3,043 *
Hawaiian Airlines Employees Pension
Plan-IAM 50,000 * 676 *
Hawaiian Airlines Pension Plan for
Salaried Employees 10,000 * 135 *
Hawaiian Airlines Pilots Retirement
Plan 100,000 * 1,352 *
HealthNow New York, Inc. 125,000 * 1,691 *
Highbridge International L.L.C. 31,000,000 6.60 419,383 *
Jackson County Employees' Retirement
System 175,000 * 2,367 *
KBC Financial Products (Cayman
Islands) 6,000,000 1.28 81,171 *
KBC Financial Products USA 1,000,000 * 13,528 *
Lehman Brothers Inc. 56,000,000 11.91 757,596 *
Lexington (IMA) Limited 368,200 * 4,981 *
MLQA Convertible Securities Arbitrage
Ltd. 25,000,000 5.32 338,212 *
Morgan Stanley & Co. 15,000,000 3.19 202,927 *
Nashville Electric Service 150,000 * 2,029 *
Nomura Securities International, Inc. 35,000,000 7.45 473,497 *
NORCAL Mutual Insurance Company 475,000 * 6,426 *
OZ Master Fund, Inc. 5,113,600 1.09 69,179 *
Physicians ` Reciprocal Insurers
Account #7 1,250,000 * 16,910 *
R2 Investments LDC 44,000,000 9.36 595,254 *
RCG Latitude Master Fund 2,000,000 * 27,057 *
Royal Bank of Canada 19,500,000 4.15 263,805 *
SCI Endowment Care Common Trust Fund
- First Union 110,000 * 1,488 *
SCI Endowment Care Common Trust Fund
- Sun Trust 110,000 * 1,488 *
SCI Endowment Care Common Trust Fund
- National Fiduciary Services 280,000 * 3,787 *
Shepherd Investments International,
Ltd. 25,000,000 5.32 338,212 *
Southdown Pension Plan 325,000 * 4,396 *
Southern Farm Bureau Life Insurance 725,000 * 9,808 *
Starvest Managed Portfolio 100,000 * 1,352 *
State of Florida Division of Treasury 2,475,000 * 33,483 *
State of Florida, Office of the
Treasurer 2,750,000 * 37,203 *
State of Oregon/SAIF Corporation 3,700,000 * 50,055 *
TD Securities (USA) Inc. 17,000,000 3.62 229,984 *
Tribeca Investments L.L.C. 13,000,000 2.77 175,870 *
US Warburg LLC 8,560,000 1.82 115,803 *
UBS AG London Branch 14,290,000 3.04 193,322 *
Union Carbide Retirement Account 2,100,000 * 28,409 *
Worldwide Transactions Ltd. 210,000 * 2,840 *
Y&H Soda Foundation 85,000 * 1,149 *
All other holders 38,560,000 8.20% 521,658 *
----------------------------------------------------------------------------
Total 470,000,000 100.00% 6,358,395 2.57%
----------------------------------------------------------------------------
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* Less than 1%.
1. Assumes conversion of all of the holder's LYONs at a conversion rate of
13.5285 shares of common stock per $1,000 principal amount at maturity of the
LYONs, rounded down to the nearest whole number of shares. However, this
conversion rate will be subject to adjustment as described under "Description
of LYONs--Conversion Rights." As a result, the amount of common stock
issuable upon conversion of the LYONs may increase or decrease in the future.
2. Calculated based on Rule 13d-3(d)(i) of the Exchange Act using 241,018,255
shares of common stock outstanding as of November 2, 2001. In calculating
this amount for each holder, we treated as outstanding the number of shares
of common stock issuable upon conversion of all of that holder's LYONs but
did not assume conversion of any other holder's LYONs.
3