Susan Reardon Bonner - 13 Oct 2021 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Signature
/s/ Inga Fyodorova, as attorney-in-fact for Susan Bonner
Issuer symbol
OSW
Transactions as of
13 Oct 2021
Net transactions value
-$142,503
Form type
4
Filing time
15 Oct 2021, 14:34:15 UTC
Next filing
09 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSW Common Shares Options Exercise +44,209 +311% 58,411 13 Oct 2021 Direct F1, F2
transaction OSW Common Shares Other $142,503 -13,225 -23% $10.78 45,186 13 Oct 2021 Direct F2, F3, F4

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 Award $0 -44,209 -30% $0.000000 101,729 13 Oct 2021 Common Shares 44,209 Direct F2, F5
* 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 October 13, 2020 vested upon achieving the vesting conditions.
F2 Each Restricted Stock Unit represents a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of the Issuer, with a portion of such shares mandatorily sold, pursuant to the terms of the grant, in a broker assisted cashless exercise program arranged by the Issuer.
F3 Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of the Restricted Stock Units.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.68 to $10.82, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 The Restricted Stock Units vest in three equal annual installments on each of the first three anniversaries of the grant date.