SEC Form 4 · accession 0001140361-15-038598
ROYAL CARIBBEAN CRUISES LTD · RCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D Fain
Officer — Chairman & CEO · Director
Period of report
Oct 26, 2015
Accepted (ET)
Oct 26, 2015 · 6:30 pm EDT
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 | Oct 26, 2015 | M | 28,269 | $44.41 | A | 1,016,850 | D | |
| Common Stock | Oct 26, 2015 | M | 52,247 | $45.295 | A | 1,069,097 | D | |
| Common StockF1 | Oct 26, 2015 | S | 80,516 | $98.8044 | D | 988,581 | D | |
| Common StockF2,F3 | holding | — | — | — | 421,412 | I | See Footnotes | |
| CommonStockF3,F4,F5 | holding | — | — | — | 5,500 | I | See Footnotes |
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)F6 | $44.41 | Oct 26, 2015 | M | 28,269 | D | — | Feb 6, 2016 | Common Stock | 28,269 | 0 | D |
| Stock Option (Right to Buy)F6 | $45.295 | Oct 26, 2015 | M | 52,247 | D | — | Feb 1, 2017 | Common Stock | 52,247 | 0 | D |
Explanation of responses
- F1Represents the weighted-average sale price per share of a series of transactions, all of which were executed on October 26, 2015. The actual sale prices ranged from a low of $98.28 to a high of $99.36. 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.
- F2Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.
- F3The reporting person disclaims beneficial ownership of some or all of these shares.
- F4Shares owned by The Montana Trust primarily for the benefit of certain members of the Fain family.
- F5This form does not include shares owned by other trusts for the benefit of members of the Fain family in which Mr. Fain does not have any beneficial or pecuniary interest nor shares directly or indirectly owned by Mr. Fain's adult children.
- F6Immediately.