bettina deynes - Oct 11, 2023 Form 3 Insider Report for CARNIVAL CORP (CCL)

Signature
/s/ Bettina Deynes
Stock symbol
CCL
Transactions as of
Oct 11, 2023
Transactions value $
$0
Form type
3
Date filed
10/17/2023, 09:16 AM
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CCL Common Stock 31.4K Oct 11, 2023 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,597 restricted stock units ("RSUs") granted on January 19, 2021 pursuant to the Carnival Corporation 2020 Stock Plan (the "Plan"). Two-thirds of the original grant of 4,791 RSUs vested on January 19, 2022 and January 19, 2023 and the remaining 1,597 RSUs will vest on the third anniversary date of the grant.
F2 Includes 2,505 RSUs granted on February 4, 2022 pursuant to the Plan. One third of the original grant of 3,757 RSUs vested on February 15, 2023 and the remaining 2,505 RSUs will vest on a pro rata basis on February 15, 2024 and February 18, 2025.
F3 Includes 2,470 performance-based restricted stock units ("PBS RSUs") granted on February 21, 2023 pursuant to the Plan. The PBS RSUs will vest pro rata on February 15, 2024 and February 18, 2025. The 2022 Management Incentive Plan bonus payout percentage was applied to the PBS RSU target value to determine the actual PBS RSU grant value.
F4 Includes 11,993 RSUs granted on April 21, 2023 pursuant to the Plan. The RSUs will vest on a 3-year pro-rata basis on February 15, 2024, February 18, 2025 and February 12, 2026.
F5 Each RSU and PBS RSU represents a hypothetical interest in one share of Carnival Corporation common stock. The RSUs and PBS RSUs accumulate dividend equivalents and may only be settled in shares. The Compensation Committees approved each grant as a total value to be received in the form of RSUs or PBS RSUs, as applicable, and that the number of RSUs or PBS RSUs was to be determined by dividing the grant value by the closing price of a share of Carnival Corporation common stock on date of grant.