Frank J. Del Rio - Jun 30, 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
Stock symbol
NCLH
Transactions as of
Jun 30, 2023
Transactions value $
-$13,884,993
Form type
4
Date filed
7/5/2023, 04:30 PM
Previous filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCLH Common Stock Award $0 +1.07M +115.64% $0.00 2M Jun 30, 2023 Direct F1, F2
transaction NCLH Common Stock Tax liability -$2.96M -136K -6.82% $21.77 1.86M Jun 30, 2023 Direct F3
transaction NCLH Common Stock Tax liability -$383K -17.6K -0.94% $21.77 1.84M Jun 30, 2023 Direct F4
transaction NCLH Common Stock Tax liability -$9.18M -422K -22.86% $21.77 1.42M Jun 30, 2023 Direct F5
transaction NCLH Common Stock Tax liability -$1.36M -62.5K -4.39% $21.77 1.36M Jun 30, 2023 Direct F6
holding NCLH Common Stock 27.9K Jun 30, 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.