Leonard I. Fluxman - 23 Jan 2023 Form 4 Insider Report for ONESPAWORLD HOLDINGS Ltd (OSW)

Role
CEO, President, Executive Chairman & Director, Director
Signature
/s/ Inga Fyodorova, as attorney-in-fact for Leonard Fluxman
Issuer symbol
OSW
Transactions as of
23 Jan 2023
Net transactions value
-$210,298
Form type
4
Filing time
26 Jan 2023, 19:13:06 UTC
Previous filing
27 Dec 2022
Next filing
16 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSW Common Shares Award $0 +26,325 +1.7% $0.000000 1,533,622 23 Jan 2023 Direct F1
transaction OSW Common Shares Other $210,298 -20,374 -1.3% $10.32 1,513,248 24 Jan 2023 Direct F2, F3, F4
holding OSW Common Shares 250,000 23 Jan 2023 By Fluxman Family Holdings LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are common shares received in connection with the vesting of Performance Stock Units ("PSUs"), which vested on January 23, 2023.
F2 Each Restricted Stock Unit ("RSU") and each PSU represent a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of OneSpaWorld Holdings Ltd. ("OSW", the "Issuer") with a portion of such shares mandatorily sold, pursuant to the terms of the grant, in a broker assisted cashless exercise program arranged by the Issuer.
F3 Represents shares sold to satisfy tax withholding obligations upon the vesting and settlement of the RSUs and PSUs.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.18 to $10.46, inclusive. The reporting person undertakes to provide to OSW, any security holder of OSW, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

CEO, President, Executive Chairman & Director