Leonard I. Fluxman - 18 Aug 2021 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Role
CEO, President, Executive Chairman & Director, Director
Signature
/s/ Inga Fyodorova, as attorney-in-fact for Leonard Fluxman
Issuer symbol
OSW
Transactions as of
18 Aug 2021
Net transactions value
-$812,848
Form type
4
Filing time
20 Aug 2021, 17:31:27 UTC
Next filing
09 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSW Common Shares Options Exercise +229,167 +31% 965,463 18 Aug 2021 Direct F1
transaction OSW Common Shares Tax liability $812,848 -88,353 -9.2% $9.20 877,110 18 Aug 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OSW Restricted Stock Units Options Exercise $0 -229,167 -30% $0.000000 537,306 18 Aug 2021 Common Shares 229,167 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third of the Restricted Stock Units awarded on August 18, 2020 vested upon achieving the vesting conditions. The Restricted Stock Units vest one-third each year from the grant date. Each Restricted Stock Unit represents a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of the Issuer (the "Common Shares").
F2 Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of the Restricted Stock Units.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.18 to $9.26, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

CEO, President, Executive Chairman & Director