Susan Reardon Bonner - Feb 14, 2023 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Signature
/s/ Inga Fyodorova, as Attorney-in-Fact for Susan Bonner
Stock symbol
OSW
Transactions as of
Feb 14, 2023
Transactions value $
-$44,393
Form type
4
Date filed
2/16/2023, 04:48 PM
Previous filing
Dec 27, 2022
Next filing
Oct 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSW Common Shares Award $0 +40.7K +18.76% $0.00 258K Feb 14, 2023 Direct F1
transaction OSW Common Shares Other -$44.4K -4.06K -1.57% $10.95 254K Feb 16, 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are Performance Stock Units ("PSUs") that were granted to the Reporting Person by OneSpaWorld Holdings Ltd. ("OSW", the "Issuer") on December 7, 2021. One-third of the reported PSUs vested upon achieving the performance vesting conditions. The remaining unvested PSUs vest in one-third installments on each of December 7, 2023 and December 7, 2024.
F2 Each PSU represent a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of OneSpaWorld Holdings Ltd. ("OSW", 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 sold to satisfy tax withholding obligations upon the vesting and settlement of the PSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.84 to $11.06, inclusive. The reporting person undertakes to provide to OSW, any security holder of OSW, 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.