Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SHAW WILLIAM JOSEPH
   2. Issuer Name and Ticker or Trading Symbol
Marriott Vacations Worldwide Corp [VAC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
6649 WESTWOOD BLVD.		 3. Date of Earliest Transaction (Month/Day/Year)
11/30/2011
(Street)

ORLANDO, FL 32821		 4. If Amendment, Date Original Filed(Month/Day/Year)
11/30/2011		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 20.41               (1) 07/01/2016 Common Stock 19,448   19,448 D  
Stock Appreciation Right $ 8.42               (1) 07/01/2016 Common Stock 28,090   28,090 D  
Stock Appreciation Right $ 15.5               (1) 07/01/2016 Common Stock 13,827   13,827 D  
Stock Option (Right to Buy) $ 8.77               (2) 11/06/2012 Common Stock 9,907   9,907 D  
Stock Option (Right to Buy) $ 8.91               (2) 11/06/2012 Common Stock 9,907   9,907 D  
Stock Option (Right to Buy) $ 8.1               (2) 11/05/2013 Common Stock 26,400   26,400 D  
Stock Option (Right to Buy) $ 9.52               (2) 11/04/2014 Common Stock 25,000   25,000 D  
Stock Option (Right to Buy) $ 10.82               (2) 02/19/2012 Common Stock 35,000   35,000 D  
Stock Option (Right to Buy) $ 8.68               (2) 02/06/2013 Common Stock 50,000   50,000 D  
Stock Option (Right to Buy) $ 13.1               (2) 02/05/2014 Common Stock 29,648   29,648 D  
Stock Option (Right to Buy) $ 18.47               (2) 02/10/2015 Common Stock 11,060   11,060 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SHAW WILLIAM JOSEPH
6649 WESTWOOD BLVD.
ORLANDO, FL 32821		   X      

Signatures

 /s/ Catherine Meeker, Attorney-In-Fact   12/19/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(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, if applicable, and the number and type of shares covered thereby, which were adjusted based on the distribution ratio in the Spin-Off) and vests in four equal installments over the four-year period following the date such Marriott International, Inc. award was initially granted.
(2) 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, if applicable, and the number and type of shares covered thereby, which were adjusted based on the distribution ratio in the Spin-Off) and is fully vested based on service prior to the Spin-Off.
 
Remarks:
This amended Form 4 is being filed solely to add the exercise prices of the reporting person's derivative securities disclosed on the original Form 4 filed on November 30, 2011.  The exercise prices had not been determined at the time of the original filing.  The original Form 4 was filed voluntarily to report the reporting person's holdings of the issuer's securities following the legal and structural separation of the issuer from Marriott International, Inc. (the "Spin-Off").  All holdings were acquired in the Spin-Off as a result of holdings of Marriott International, Inc. in transactions that are exempt pursuant to Rule 16a-9 and that were approved by the issuer's Board of Directors.

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