SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Delorey Clifford M

(Last) (First) (Middle)
6649 WESTWOOD BLVD

(Street)
ORLANDO FL 32821

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2012
3. Issuer Name and Ticker or Trading Symbol
Marriott Vacations Worldwide Corp [ VAC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP&Chief Resort Exper Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) (1) 11/06/2012 Common Stock 60 8.91 D
Stock Option (Right to Buy) (1) 11/06/2012 Common Stock 60 8.77 D
Stock Option (Right to Buy) (1) 11/05/2013 Common Stock 228 8.1 D
Stock Option (Right to Buy) (1) 11/04/2014 Common Stock 260 9.52 D
Explanation of Responses:
1. Issued under the Marriott Vacations Worldwide Corporation Stock and Cash Incentive Plan pursuant to the antidilution provisions of an award granted to the reporting person under the Marriott International, Inc. Stock and Cash Incentive Plan, which award has substantially the same terms as the Marriott International, Inc. award to which it relates (other than with respect to the exercise price and the number and type of shares covered thereby, which were adjusted based on the distribution ratio in the legal and structural separation of the issuer from Marriott International, Inc. (the "Spin-Off")) and is fully vested based on service prior to the Spin-Off.
Remarks:
/s/ Catherine Meeker, Attorney-in-Fact 10/10/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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POWER OF ATTORNEY

	Know all men by these presents, that the undersigned hereby constitutes and
appoints each of James H Hunter, IV, and his successor as General Counsel of
Marriott Vacations Worldwide Corporation (the "Company"), Catherine Meeker and
her successor as the Company's Assistant General Counsel for Corporate Affairs &
Finance, Michael W. Andrew, Jr. and his successor as the Company's Deputy
General Counsel for Global Timeshare Operations & Government Affairs, and Sean
J. Roberts and his successor as the Company's Vice President & Senior Counsel
for Acquisitions, Development and Project Finance the undersigned's true and
lawful attorney-in-fact to:

(1) 	execute for and on behalf of the undersigned, in the undersigned's capacity
as an officer of the Company, Forms 3, 4, and 5 in accordance with Section 16(a)
of the Securities Exchange Act of 1934 and the rules thereunder;

(2)     do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to execute any such Form 3, 4 or 5 and
timely file such form with the United States Securities and Exchange Commission
and any stock exchange or similar authority; and

(3)     take any and all other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may be of benefit
to, in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in fact may approve in such
attorney-in-fact's discretion.

	The undersigned hereby grants to each such attorney-in-fact, acting
individually, full power and authority to do and perform any and every act and
thing whatsoever requisite, necessary, or proper to be done in the exercise of
any of the rights and powers herein granted, as fully to all intents and
purposes as the undersigned might or could do if personally present, with full
power of substitution or revocation, hereby ratifying and confirming all that
such attorney-in-fact, or such attorney-in-fact's substitute or substitutes,
shall lawfully do or cause to be done by virtue of this power of attorney and
the rights and powers herein granted.  The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.

	This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
Company's Secretary.

	IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 4th day of October, 2012.


                                         /s/ Clifford M. Delorey
                                             Clifford M. Delorey