David Bernstein - Feb 6, 2023 Form 4 Insider Report for CARNIVAL CORP (CCL)

Role
CFO & CAO
Signature
/s/ David Bernstein
Stock symbol
CCL
Transactions as of
Feb 6, 2023
Transactions value $
-$365,407
Form type
4
Date filed
2/8/2023, 10:35 AM
Previous filing
Jan 23, 2023
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCL Common Stock Award $0 +16.3K +17.59% $0.00 109K Feb 6, 2023 Direct F1, F2
transaction CCL Common Stock Tax liability -$75K -6.43K -5.89% $11.67 103K Feb 6, 2023 Direct F3
transaction CCL Common Stock Award $0 +63.2K +61.52% $0.00 166K Feb 6, 2023 Direct F4, F5
transaction CCL Common Stock Tax liability -$290K -24.9K -14.99% $11.67 141K Feb 6, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of performance-based restricted stock units ("PBS RSUs") granted in February 2020 pursuant to the Carnival Corporation 2011 Stock Plan which includes shares from the settlement of dividend equivalents accumulated during the PBS RSU restricted period. Each PBS RSU represents one share of Carnival Corporation common stock.
F2 The reporting person was eligible to earn from 0-200% of the target amount of PBS RSUs based upon the extent to which Carnival Corporation & plc's annual adjusted operating income, as further adjusted for certain fuel price changes and currency exchange rate impact for each of the three fiscal years in the 2020-2022 performance period, return on invested capital for 2021-2022, and certain environmental, social & governance metrics, reach or exceed specified performance goals.
F3 Represents shares withheld by the Company to cover taxes associated with vesting of PBS RSUs.
F4 Vesting of PBS RSUs granted in August 2020 pursuant to the Carnival Corporation 2020 Stock Plan. Each PBS RSU represents one share of Carnival Corporation common stock.
F5 The reporting person was eligible to earn from 0-150% of the target amount of PBS RSUs based upon the extent to which Carnival Corporation & plc's certain specified environmental, social & governance metrics over the 2020-2022 performance period reach or exceed specified performance goals.