SEC Form 4 · accession 0001567619-19-004461
ROYAL CARIBBEAN CRUISES LTD · RCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence R Pimentel
Officer — Pres&CEO, Azamara Club Cruises
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 4:49 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 12, 2019 | A | 8,838 | $0.00 | A | 43,232 | D | |
| Common StockF3,F4 | Feb 12, 2019 | F | 2,772 | $116.08 | D | 40,460 | D | |
| Common StockF5,F2,F6 | Feb 13, 2019 | A | 3,726 | $0.00 | A | 45,391 | D | |
| Common StockF7 | holding | — | — | — | 725 | I | By Wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock underlying performance shares granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. The target award was authorized by the Compensation Committee on 02/09/2016. The actual number of shares underlying the award was determined by the Compensation Committee on 02/12/2019. The award vested in one installment on 02/12/2019.
- F2Granted in consideration for service as an officer of the issuer.
- F3Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain performance shares on 02/12/2019.
- F4Represents the average of the high and low prices for the issuer's common stock on the NYSE on 2/12/2019.
- F5Represents 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.
- F6Includes 1,205 shares acquired by the reporting person under the issuer's Employee Stock Purchase Plan from 2014 to 2018.
- F7The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.