SEC Form 4 · accession 0001140361-18-018650
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
Apr 13, 2018
Accepted (ET)
Apr 16, 2018 · 4:35 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 StockF2 | Apr 13, 2018 | S | 17,500 | $114.7601 | D | 885,037 | D | |
| Common StockF3 | Apr 13, 2018 | S | 2,500 | $115.4078 | D | 882,537 | 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
- F1The 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.
- F2Represents the weighted-average sale price per share of a series of transactions, all of which were executed on April 13, 2018. The actual sale prices ranged from a low of $114.30 to a high of $115.2801. 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.
- F3Represents the weighted-average sale price per share of a series of transactions, all of which were executed on April 13, 2018. The actual sale prices ranged from a low of $115.3001 to a high of $115.5401. 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.