Michael W. Bayley - 11 Feb 2025 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCL	Common Stock	Award	$0	+51,128	+117%	$0.000000	94,794	11 Feb 2025	Direct	F1
transaction	RCL	Common Stock	Tax liability	$5,177,166	-20,118	-21%	$257.34	74,676	11 Feb 2025	Direct	F2
transaction	RCL	Common Stock	Award	$0	+7,480	+10%	$0.000000	82,156	12 Feb 2025	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents shares of common stock underlying performance shares granted pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended.
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 02/11/2025.
F3	Represents shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. In accordance with our vesting into retirement policy, award vests in one installment on the first anniversary of the grant date but will be subject to restrictions on transferability through the third anniversary of the grant date.