SEC Form 4 · accession 0001571049-16-013018
Norwegian Cruise Line Holdings Ltd. · NCLH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel S Farkas
Officer — SVP Gen. Counsel & Asst. Sec'y
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 6:09 pm EDT
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 Stock | Mar 10, 2016 | M | 18,770 | $19.00 | A | 87,941 | D | |
| Common StockF1 | Mar 10, 2016 | S | 18,770 | $47.60 | D | 69,171 | D | |
| Common Stock | Mar 11, 2016 | M | 6,300 | $19.00 | A | 75,471 | D | |
| Common StockF2 | Mar 11, 2016 | S | 20,300 | $47.56 | D | 55,171 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $19.00 | Mar 10, 2016 | M | 18,770 | D | — | Jan 17, 2020 | Common Stock | 18,770 | 7,659 | D |
| Stock Option (right to buy)F4 | $19.00 | Mar 11, 2016 | M | 6,300 | D | — | Jan 17, 2020 | Common Stock | 6,300 | 1,359 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.50 to $47.67, inclusive. The reporting person undertakes to provide to Norwegian Cruise Line Holdings Ltd. ("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 (1).
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.50 to $47.79, 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 (2).
- F3680 of the total options were vested as of 09/04/15, 1,707 of the total options were vested as of 09/15/15, 9,826 of the total options vested based on performance conditions as of 3/18/14, and 6,557 of the total options vested based on performance conditions as of 8/13/15.
- F46,300 of the total options were vested based on a performance condition as of 8/13/15.