MARRIOTT INTERNATIONAL INC /MD/ | 2013 | FY | 3

The following table shows the 2013 changes in our outstanding Marriott SARs and the associated weighted average exercise prices:
 
Number of SARs
(in millions)
 
Weighted Average
Exercise Price
Outstanding at year-end 2012
6.2

 
$
31

Granted during 2013
0.7

 
39

Exercised during 2013
(0.5
)
 
30

Forfeited during 2013
—

 
41

Outstanding at year-end 2013 (1)
6.4

 
$
32

(1) 
Includes 0.2 million Marriott SARs held by MVW employees.

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