SEC Form 4 · accession 0001140361-17-046314
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
Dec 13, 2017
Accepted (ET)
Dec 14, 2017 · 6:26 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 | Dec 11, 2017 | G | 40,000 | $0.00 | D | 847,741 | D | |
| Common StockF3 | Dec 13, 2017 | S | 18,800 | $122.9561 | D | 828,941 | D | |
| Common Stock | Dec 13, 2017 | S | 1,200 | $123.74 | D | 827,741 | D | |
| Common StockF4,F5 | holding | — | — | — | 210,706 | I | See Footnotes | |
| Common StockF5,F6,F7 | holding | — | — | — | 5,500 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents charitable contribution of shares.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2017.
- F3Represents the weighted-average sale price per share of a series of transactions, all of which were executed on December 13, 2017. The actual sale prices ranged from a low of $122.59 to a high of $123.39. 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.
- F4Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.
- F5The reporting person disclaims beneficial ownership of some or all of these shares.
- F6Shares owned by The Montana Trust primarily for the benefit of certain members of the Fain family.
- F7This 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.
Remarks
EXHIBIT LIST: Exhibit 24: Limited Power of Attorney for Section 16 Reporting Obligations