Cancelling and/or re-booking reservation

[just4stef]

I have some StarOptions that will be expiring the end of this year.
I am planning on making a reservation in Arizona as my daughter will be playing soccer there. If I have to cancel the reservation, do I have to do it within a certain timeframe? And once the reservation is cancelled, am I able to use the StarOptions to make a reservation elsewhere?

This is what is posted regarding cancellation but I'm not sure I fully understand it:
Reservations may be canceled 61 days or more prior to arrival with no cancellation fee or Usage Restriction.

Reservations made 60 days or less prior to arrival may be canceled through the following day after making the reservation (before the end of hours of operation, Eastern time) with no cancellation fee or Usage Restriction. After this grace period passes, subsequent usage will be restricted to reservations within 60 days of the new requested arrival date for that Use Year and will not be eligible for StarOptions Banking or Marriott Bonvoy points conversion.

 

[EnglishmanAbroad]

If you cancel within 60 days of the reservation start date you will get the options back to you but they will be restricted. That means they can then only be used for a new reservation (at any resort) that starts within 60 days of when you make the new reservation.

If you cancel before 60 days of the reservation starting then the options will be returned to you unrestricted i.e. they can then be used as normal.

As the options you have are expiring this year the reservation you make or remake must be in the remainder of 2023.

 

[just4stef]

If you cancel within 60 days of the reservation start date you will get the options back to you but they will be restricted. That means they can then only be used for a new reservation (at any resort) that starts within 60 days of when you make the new reservation.

If you cancel before 60 days of the reservation starting then the options will be returned to you unrestricted i.e. they can then be used as normal.

As the options you have are expiring this year the reservation you make or remake must be in the remainder of 2023.

Thank you so much for the clarification!!