Robert Alexander Lake - Jun 1, 2024 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Signature
/s/ Indira Sordo, Attorney-in-Fact for Robert Alexander Lake
Stock symbol
RCL
Transactions as of
Jun 1, 2024
Transactions value $
-$1,422,384
Form type
4
Date filed
6/4/2024, 05:16 PM
Previous filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCL Common Stock Tax liability -$269K -1.84K -6.29% $146.38 27.4K Jun 1, 2024 Direct F1
transaction RCL Common Stock Sale -$1.15M -7.75K -28.29% $148.78 19.6K Jun 3, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 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 restricted stock units on 06/01/2024.
F2 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on June 3, 2024. The actual sale prices ranged from a low of $148.25 to a high of $149.90. The Reporting Person undertakes to provide upon request of the SEC Staff or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price within the range.