SEC Form 4 · accession 0001144204-19-012271
Norwegian Cruise Line Holdings Ltd. · NCLH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank J Del Rio
Officer — Pres. & CEO · Director
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001513761
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 1, 2019 | A | 33,881 | $0.00 | A | 484,117 | D | |
| Common StockF3 | Mar 1, 2019 | F | 6,915 | $55.27 | D | 477,202 | D | |
| Common StockF4 | Mar 1, 2019 | F | 4,645 | $55.27 | D | 472,557 | D | |
| Common StockF5,F6 | Mar 4, 2019 | S | 8,056 | $54.67 | D | 464,501 | D | |
| Common StockF5,F7 | Mar 4, 2019 | S | 2,600 | $55.46 | D | 461,901 | D | |
| Common Stock | holding | — | — | — | 40,160 | I | By Breeze Hill Investments, LLC | |
| Common Stock | holding | — | — | — | 17,912 | I | By GCO Management, LLC | |
| Common Stock | holding | — | — | — | 27,875 | I | By FJDR Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each restricted share unit represents the contingent right to receive one share of Norwegian Cruise Line Holdings Ltd.'s ("NCLH") common stock upon vesting.
- F2Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan. The restricted share units will vest in three equal installments on March 1, 2020, March 1, 2021 and March 1, 2022.
- F3Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 1/3rd of 52,715 restricted share units granted to the reporting person on August 1, 2017.
- F4Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 1/3rd of 52,956 restricted share units granted to the reporting person on March 1, 2018.
- F5The sales reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2018.
- F6The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $54.31 to $55.28, inclusive. The reporting person undertakes to provide to NCLH, any security holder of NCLH, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (6).
- F7The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $55.31 to $55.59, inclusive. The reporting person undertakes to provide to NCLH, any security holder of NCLH, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (7).