Leonard I. Fluxman - 29 Dec 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
29 Dec 2023
Net transactions value
-$972,866
Form type
4
Filing time
03 Jan 2024, 20:15:44 UTC
Previous filing
27 Dec 2023
Next filing
15 Feb 2024
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 +171,875 +11% 1,676,035 29 Dec 2023 Direct F1
transaction OSW Common Shares Tax liability $972,866 -69,768 -4.2% $13.94 1,606,267 02 Jan 2024 Direct F2, F3
holding OSW Common Shares 285,338 29 Dec 2023 By Fluxman Family Holdings LLC

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 Performance Stock Units Options Exercise $0 -171,875 -100% $0.000000* 0 29 Dec 2023 Common Shares 171,875 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Stock Unit represents a contingent right to receive, at vesting, one Common Share. 25% of the Performance Stock Units vested upon achieving certain stock price hurdle objectives during the six-year period following the August 18, 2020, grant date.
F2 Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of the Performance Stock Units, such shares mandatorily sold, pursuant to the terms of the grant, in a broker assisted cashless exercise program arranged by the Issuer.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.8300 to $14.0750. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each price within this range.

Remarks:

CEO, President, Executive Chairman & Director