Steven J. Heyer - Jul 26, 2022 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Role: Director
Signature: /s/ Inga Fyodorova, as Attorney-in-Fact for Steven J. Heyer
Stock symbol: OSW
Transactions as of: Jul 26, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/28/2022, 09:38 PM
Previous filing: Jul 21, 2022
Next filing: Oct 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OSW	Common Shares	Award	$0	+32.1K	+2.77%	$0.00	1.19M	Jul 26, 2022	Direct	F1
holding	OSW	Common Shares						111K	Jul 26, 2022	See Footnote	F2

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

Explanation of Responses:

Id	Content
F1	The reported transaction reflects a grant of the Issuer's restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one common share, par value $0.0001 per share, of the Issuer (the "Common Shares"). The RSUs vest one year from the grant date. Vested Common Shares will be delivered to the reporting person on the earlier of the 60th day from separation from service and immediately prior to a change in control.
F2	The reported securities are directly held by The Kate J Heyer 2013 Trust and The David H Heyer 2013 Trust. The reporting person is a trustee of each of The Kate J Heyer 2013 Trust and The David H Heyer 2013 Trust (collectively, the "Steven Heyer Entities"). Accordingly, the reporting person may be deemed to have or share beneficial ownership of securities held by the Steven Heyer Entities. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Content

The reported transaction reflects a grant of the Issuer's restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one common share, par value $0.0001 per share, of the Issuer (the "Common Shares"). The RSUs vest one year from the grant date. Vested Common Shares will be delivered to the reporting person on the earlier of the 60th day from separation from service and immediately prior to a change in control.

The reported securities are directly held by The Kate J Heyer 2013 Trust and The David H Heyer 2013 Trust. The reporting person is a trustee of each of The Kate J Heyer 2013 Trust and The David H Heyer 2013 Trust (collectively, the "Steven Heyer Entities"). Accordingly, the reporting person may be deemed to have or share beneficial ownership of securities held by the Steven Heyer Entities. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.