SEC Form 4 · accession 0001127602-19-007069
Carnival Corp Ltd. · CCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arnold W Donald
Officer — President & CEO · Director
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 2:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000815097
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 15, 2019 | A | 73,302 | $0.00 | A | 247,023 | D | |
| Common Stock | Feb 15, 2019 | F | 28,846 | $57.0837 | D | 218,177 | D | |
| Common Stock | holding | — | — | — | 363,675 | I | By The Arnold W. Donald Revocable Trust Uad 5/26/98 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vesting of performance-based restricted stock units ("PBS RSUs") granted on April 13, 2016 pursuant to the Carnival Corporation 2011 Stock Plan. Each PBS RSU represents one share of Carnival Corporation common stock.
- F2The reporting person was eligible to earn from 0-200% of the stated target amount of PBS RSUs to the extent that Carnival Corporation & plc's annual operating income, as adjusted for certain fuel price changes and currency exchange rate impact for each of the three fiscal years in the 2016-2018 performance cycle and return on invested capital at the end of the three year performance cycle exceed specified performance goals, as modified at the end of the three year performance cycle for Carnival Corporation & plc's total shareholder return rank relative to peers. This includes shares from the settlement of dividend equivalents accumulated during the PBS RSU restricted period.
- F3Represents a surrender of shares to satisfy the tax obligation on the vesting of PBS RSUs. This transaction is exempt under Rule 16b-3(e).