Glenn Fusfield - Aug 3, 2022 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Role: Director
Signature: /s/ Inga Fyodorova, as Attorney-in-Fact for Glenn Fusfield
Stock symbol: OSW
Transactions as of: Aug 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/5/2022, 02:28 PM
Previous filing: Jul 28, 2022
Next filing: Jul 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OSW	Common Shares	Options Exercise		+10.2K	+6.67%		163K	Aug 3, 2022	Direct	F1
holding	OSW	Common Shares						6.65K	Aug 3, 2022	By Fusfield Family Irrevocable Trust	F2

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 Unit	Options Exercise	$0	-10.2K	-100%	$0.00^*	0	Aug 3, 2022	Common Shares	10.2K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units ("RSUs") awarded on August 3, 2021 vested upon achieving the vesting conditions. Each RSU represents a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of the Issuer (the "Common Shares"). The RSUs vested one year from the grant date. The Form 4 filed by the Reporting Person on August 6, 2021 erroneously indicated that settlement of the RSUs would be deferred until retirement or a change in control. The Reporting Person has made no such deferral election.
F2	The Reporting Person has voting and dispositive power over the securities held by Fusfield Family Irrevocable Trust (the "Fusfield Trust"), and therefore may be deemed to indirectly beneficially own the securities held by Fusfield Trust. The Reporting Person disclaims beneficial ownership of the 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 Restricted Stock Units ("RSUs") awarded on August 3, 2021 vested upon achieving the vesting conditions. Each RSU represents a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of the Issuer (the "Common Shares"). The RSUs vested one year from the grant date. The Form 4 filed by the Reporting Person on August 6, 2021 erroneously indicated that settlement of the RSUs would be deferred until retirement or a change in control. The Reporting Person has made no such deferral election.

The Reporting Person has voting and dispositive power over the securities held by Fusfield Family Irrevocable Trust (the "Fusfield Trust"), and therefore may be deemed to indirectly beneficially own the securities held by Fusfield Trust. The Reporting Person disclaims beneficial ownership of the 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.