Richard D. Fain - 20 Feb 2023 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Role
Director
Signature
/s/ Indira Sordo, Attorney-in-Fact for Richard D. Fain
Issuer symbol
RCL
Transactions as of
20 Feb 2023
Net transactions value
-$629,124
Form type
4
Filing time
14 Apr 2023, 16:39:57 UTC
Previous filing
13 Feb 2023
Next filing
12 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCL Common Stock Award $0 +26,797 +25% $0.000000 132,182 20 Feb 2023 Direct F1
transaction RCL Common Stock Tax liability $629,124 -8,604 -6.5% $73.12 123,578 20 Feb 2023 Direct F2
holding RCL Common Stock 210,706 20 Feb 2023 See Footnotes F3, F4
holding RCL Common Stock 24,400 20 Feb 2023 See Footnotes F4, F5
holding RCL Common Stock 445,776 20 Feb 2023 Grantor Retained Annuity Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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 award vested in one installment on 02/20/2023.
F2 Represents 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 02/20/2023.
F3 Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.
F4 The reporting person disclaims beneficial ownership of some or all of these shares.
F5 Shares owned by The Montana Trust primarily for the benefit of certain members of the Fain family.

Remarks:

EXHIBIT LIST: Exhibit 24: Limited Power of Attorney for Section 16 Reporting Obligations