Frank J. Del Rio - 30 Jun 2023 Form 4 Insider Report for Norwegian Cruise Line Holdings Ltd. (NCLH)

Role
Former Pres. & CEO, Director
Signature
/s/Daniel S. Farkas, as attorney-in-fact for Frank J. Del Rio
Issuer symbol
NCLH
Transactions as of
30 Jun 2023
Net transactions value
-$13,884,993
Form type
4
Filing time
05 Jul 2023, 16:30:24 UTC
Previous filing
13 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCLH Common Stock Award $0 +1,071,426 +116% $0.000000 1,997,931 30 Jun 2023 Direct F1, F2
transaction NCLH Common Stock Tax liability $2,964,181 -136,159 -6.8% $21.77 1,861,772 30 Jun 2023 Direct F3
transaction NCLH Common Stock Tax liability $382,651 -17,577 -0.94% $21.77 1,844,195 30 Jun 2023 Direct F4
transaction NCLH Common Stock Tax liability $9,178,384 -421,607 -23% $21.77 1,422,588 30 Jun 2023 Direct F5
transaction NCLH Common Stock Tax liability $1,359,776 -62,461 -4.4% $21.77 1,360,127 30 Jun 2023 Direct F6
holding NCLH Common Stock 27,875 30 Jun 2023 By FJDR Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Frank J. Del Rio is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted share unit represents the contingent right to receive one share of Norwegian Cruise Line Holdings Ltd.'s ("NCLH") common stock upon vesting.
F2 Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan on March 1, 2022. The restricted share units were originally subject to performance hurdles. The Compensation Committee determined the performance condition achievement level on June 30, 2023, and the restricted share units vested on June 30, 2023, pursuant to the terms of the award agreement.
F3 Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 346,020 restricted share units granted to the reporting person on October 1, 2020.
F4 Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 44,668 restricted share units granted to the reporting person on June 11, 2021.
F5 Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 1,071,426 performance-based restricted share units granted to the reporting person on March 1, 2022.
F6 Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 158,730 restricted share units granted to the reporting person on March 1, 2022.