Leonard I. Fluxman - 16 May 2023 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Role
CEO, President, Executive Chairman & Director, Director
Signature
/s/ Inga Fyodorova, as attorney-in-fact for Leonard Fluxman
Issuer symbol
OSW
Transactions as of
16 May 2023
Net transactions value
-$132
Form type
4
Filing time
18 May 2023, 20:30:41 UTC
Previous filing
16 Feb 2023
Next filing
23 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSW Common Shares Options Exercise $383,335 +66,667 +27% $5.75 316,667 16 May 2023 By Fluxman Family Holdings LLC F2
transaction OSW Common Shares Sale $383,467 -31,329 -9.9% $12.24 285,338 16 Feb 2023 By Fluxman Family Holdings LLC F1, F2
holding OSW Common Shares 1,667,290 16 May 2023 Direct

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 Warrants (right to buy) Options Exercise $0 -66,667 -100% $0.000000* 0 16 May 2023 Common Shares 66,667 $5.75 By Fluxman Family Holdings LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 16, 2023, Fluxman Family Holdings LLC ("Fluxman Holdings") exercised a warrant to purchase 66,667 common shares of OneSpaWorld Holdings Ltd. ("OSW" or the "Issuer) for $5.75 a share. Fluxman Holdings paid the exercise price on a cashless basis, resulting in OSW's withholding of 31,329 common shares to pay the exercise price.
F2 The reporting person has voting and dispositive power over the securities held by Fluxman Holdings, and therefore may be deemed to indirectly beneficially own the securities held by Fluxman Holdings. 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.

Remarks:

CEO, President, Executive Chairman & Director