SEC Form 4 · accession 0001140361-15-004701
ROYAL CARIBBEAN CRUISES LTD · RCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason T Liberty
Officer — Chief Financial Officer
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 6:42 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884887
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 5, 2015 | F | 429 | $75.5405 | D | 30,108 | D | |
| Common StockF3,F4 | Feb 6, 2015 | A | 5,250 | $0.00 | A | 35,358 | D | |
| Common StockF5,F4 | Feb 6, 2015 | A | 6,735 | $0.00 | A | 42,093 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of 1,415 shares underlying certain restricted stock units on 2/5/2015.
- F2Represents the average of the high and low prices for the issuer's common stock on the NYSE on 2/5/2015.
- F3Represents shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan. Award vests in four equal annual installments commencing on the first anniversary of the grant date.
- F4Granted in consideration for service as an officer of the issuer.
- F5Represents shares of common stock underlying performance shares granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan. The target award was authorized by the Board of Directors on February 5, 2014. The actual number of shares underlying the award was determined by the Compensation Committee on February 6, 2015 based on the Company's Return on Invested Capital for the year ended December 31, 2014. The award vests in one installment on February 5, 2017.