R. Andrew Heyer - Jul 26, 2023 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Role
Director
Signature
/s/ Inga Fyodorova, as Attorney-in-Fact for Andrew Heyer
Stock symbol
OSW
Transactions as of
Jul 26, 2023
Transactions value $
$0
Form type
4
Date filed
7/28/2023, 07:50 PM
Previous filing
Jul 3, 2023
Next filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSW Common Shares Award $0 +12.6K +2.27% $0.00 567K Jul 26, 2023 Direct F1
holding OSW Common Shares 533K Jul 26, 2023 See Footnotes F2, F3
holding OSW Common Shares 100K Jul 26, 2023 By Wife F4
* 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 Includes (i) 329,252 common shares held by Heyer Investment Management, LLC, (ii) 52,219 common shares held by Harris Reid Heyer Trust, (iii) 57,219 common shares held by James Heyer Trust, (iv) 37,219 common shares held by Peter Justin Heyer Trust and (v) 57,219 common shares held by William Heyer Trust. The reporting person is (i) a trustee of each of Harris Reid Heyer Trust, James Heyer Trust, Peter Justin Heyer Trust, and William Heyer Trust, and (ii) the managing member of Heyer Investment Management, LLC (the foregoing entities, the "Andrew Heyer Entities").
F3 The reporting person may be deemed to have or share beneficial ownership of the securities held by the Andrew 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.
F4 The reported securities are held and independently managed by Mindy Heyer, the reporting person's spouse. The reporting person disclaims beneficial ownership of such securities.