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

Role: SVP, CLO, Secretary & CCO
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.

Content

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.

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.