SEC Form 4 · accession 0001140361-15-008777
ROYAL CARIBBEAN CRUISES LTD · RCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Bayley
Officer — Pres& CEO,Royal Caribbean Intl
Period of report
Feb 24, 2015
Accepted (ET)
Feb 24, 2015 · 6:58 pm 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 Stock | Feb 24, 2015 | M | 4,973 | $25.16 | A | 93,689 | D | |
| Common StockF1 | Feb 24, 2015 | S | 8,809 | $75.8863 | D | 84,880 | 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)F2 | $25.16 | Feb 24, 2015 | M | 4,973 | D | — | Feb 8, 2020 | Common Stock | 4,973 | 330 | D |
Explanation of responses
- F1Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 24, 2015. The actual sale prices ranged from a low of $75.88 to a high of $75.9101. The Reporting Person undertakes to provide upon request of the SEC Staff, Royal Caribbean Cruises Ltd. or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price within the range.
- F2Immediately.