Naftali Holtz - May 25, 2021 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Role: SVP, Finance
Signature: Bradley H. Stein, Attorney-in-Fact for Naftali Holtz
Stock symbol: RCL
Transactions as of: May 25, 2021
Transactions value $: -$485,683
Form type: 4
Date filed: 5/27/2021, 04:34 PM
Next filing: Jun 29, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCL	Common Stock	Sale	-$486K	-5.46K	-19.62%	$88.88	22.4K	May 25, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes the sale of 74.2541 shares acquired on March 31, 2021 through the Company's Employee Stock Purchase Plan.
F2	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 25, 2021. The actual sale prices ranged from a low of $88.8116 to a high of $88.89. The Reporting Person undertakes to provide upon request of the SEC Staff, Royal Caribbean Cruises Ltd. or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price within the range.

Content

Includes the sale of 74.2541 shares acquired on March 31, 2021 through the Company's Employee Stock Purchase Plan.

Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 25, 2021. The actual sale prices ranged from a low of $88.8116 to a high of $88.89. The Reporting Person undertakes to provide upon request of the SEC Staff, Royal Caribbean Cruises Ltd. or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price within the range.