Michael W. Bayley - Sep 6, 2023 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Signature
/s/ Indira Sordo, Attorney-in-Fact for Michael W. Bayley
Stock symbol
RCL
Transactions as of
Sep 6, 2023
Transactions value $
-$974,300
Form type
4
Date filed
9/7/2023, 05:59 PM
Previous filing
May 19, 2023
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCL Common Stock Sale -$974K -10K -8.18% $97.43 112K Sep 6, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2023.
F2 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 6, 2023. The actual sale prices ranged from a low of $96.81 to a high of $97.88. The Reporting Person undertakes to provide upon request of the SEC Staff, Royal Caribbean Cruises Ltd. or Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price with in the range.