Leonard Fluxman - Dec 6, 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
Stock symbol
OSW
Transactions as of
Dec 6, 2023
Transactions value $
$575,497
Form type
4
Date filed
12/8/2023, 09:19 PM
Previous filing
Aug 23, 2023
Next filing
Dec 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSW Common Shares Award $1.3M +105K +6.95% $12.47 1.61M Dec 6, 2023 Direct F1
transaction OSW Common Shares Other -$211K -16.9K -1.05% $12.49 1.59M Dec 7, 2023 Direct F2, F3, F4
transaction OSW Common Shares Other -$517K -40.9K -2.57% $12.62 1.55M Dec 8, 2023 Direct F2, F3, F5
holding OSW Common Shares 285K Dec 6, 2023 By Fluxman Family Holdings LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction involved a grant of the Issuer's Restricted Stock Units ("RSUs"), which vest in three equal annual installments on December 6 of each of 2024, 2025 and 2026 and settle one-for-one in common shares.
F2 Each RSU represents a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of 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 RSUs.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.34 to $12.53. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within this range.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $12.6850. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within this range.

Remarks:

CEO, President, Executive Chairman & Director