SEC Form 4 · accession 0001140361-17-009695
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 27, 2017
Accepted (ET)
Feb 28, 2017 · 4:50 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 27, 2017 | M | 8,412 | $38.305 | A | 72,953 | D | |
| Common Stock | Feb 27, 2017 | M | 1,919 | $28.895 | A | 74,872 | D | |
| Common Stock | Feb 27, 2017 | M | 2,216 | $7.265 | A | 77,088 | D | |
| Common Stock | Feb 27, 2017 | M | 330 | $25.16 | A | 77,418 | D | |
| Common Stock | Feb 27, 2017 | M | 471 | $31.24 | A | 77,889 | D | |
| Common Stock | Feb 27, 2017 | M | 115 | $46.18 | A | 78,004 | D | |
| Common StockF1 | Feb 27, 2017 | S | 15,347 | $95.8829 | D | 62,657 | 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 | $38.305 | Feb 27, 2017 | M | 8,412 | D | — | Feb 11, 2018 | Common Stock | 8,412 | 0 | D |
| Stock Option (Right to Buy)F2 | $28.895 | Feb 27, 2017 | M | 1,919 | D | — | Sep 3, 2018 | Common Stock | 1,919 | 0 | D |
| Stock Option (Right to Buy)F2 | $7.265 | Feb 27, 2017 | M | 2,216 | D | — | Feb 10, 2019 | Common Stock | 2,216 | 0 | D |
| Stock Option (Right to Buy)F2 | $25.16 | Feb 27, 2017 | M | 330 | D | — | Feb 8, 2020 | Common Stock | 330 | 0 | D |
| Stock Option (Right to Buy)F2 | $31.24 | Feb 27, 2017 | M | 471 | D | — | May 18, 2020 | Common Stock | 471 | 0 | D |
| Stock Option (Right to Buy)F2 | $46.18 | Feb 27, 2017 | M | 115 | D | — | Feb 8, 2021 | Common Stock | 115 | 0 | D |
Explanation of responses
- F1Represents the weighted-average sale price per share of a series of transactions, all of which were executed on February 27, 2017. The actual sale prices ranged from a low of $95.58 to a high of $96.19. 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.