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

Role: Chief Commercial Officer
Signature: /s/ Inga Fyodorova, as attorney-in-fact for Susan Bonner
Stock symbol: OSW
Transactions as of: Oct 13, 2021
Transactions value $: -$142,503
Form type: 4
Date filed: 10/15/2021, 02:34 PM
Next filing: Dec 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OSW	Common Shares	Options Exercise		+44.2K	+311.29%		58.4K	Oct 13, 2021	Direct	F1, F2
transaction	OSW	Common Shares	Other	-$143K	-13.2K	-22.64%	$10.78	45.2K	Oct 13, 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	-44.2K	-30.29%	$0.00	102K	Oct 13, 2021	Common Shares	44.2K		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.