Walter Field McLallen - 14 Mar 2024 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Role
Director
Signature
/s/ Inga Fyodorova, as Attorney-in-Fact for Walter McLallen
Issuer symbol
OSW
Transactions as of
14 Mar 2024
Net transactions value
-$195,606
Form type
4
Filing time
18 Mar 2024, 17:00:54 UTC
Previous filing
06 Mar 2024
Next filing
05 Apr 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 Sale $195,600 -15,000 -7.2% $13.04 194,422 14 Mar 2024 Direct F1
transaction OSW Common Shares Options Exercise $115,000 +10,000 +5.1% $11.50 204,422 15 Mar 2024 Direct
transaction OSW Common Shares Disposed to Issuer $115,006 -8,936 -4.4% $12.87 195,486 15 Mar 2024 Direct F2

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 Options Exercise $0 -10,000 -100% $0.000000* 0 15 Mar 2024 Common Shares 10,000 $11.50 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.01 to $13.08. 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.
F2 On March 15, 2024, the Reporting Person exercised a warrant to purchase 10,000 Common Shares for $11.50 a share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 8,936 Common Shares to pay the exercise price.
F3 The reported amount includes 400 warrants previously reported as sold in a transaction reported on Form 4 filed on March 6, 2024, which transaction did not occur due to broker error.
F4 The warrants were exercisable in accordance with the provisions of the Amended and Restated Warrant Agreement, dated as of March 19, 2019, between the Issuer and Continental Stock Transfer & Trust Company.