SEC Form 4 · accession 0001140361-17-005506
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 7, 2017
Accepted (ET)
Feb 9, 2017 · 6:51 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 StockF1,F2 | Feb 7, 2017 | A | 12,627 | $0.00 | A | 82,981 | D | |
| Common StockF3 | Feb 9, 2017 | S | 13,072 | $95.1837 | D | 69,909 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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.
- F2Granted in consideration for service as an officer of the issuer.
- F3Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 9, 2017. The actual sale prices ranged from a low of $95.00 to a high of $95.28. 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.