Richard D. Fain - 07 Feb 2022 Form 4 Insider Report for ROYAL CARIBBEAN CRUISES LTD (RCL)

Role
Director
Signature
/s/ Indira Sordo, Attorney-in-Fact for Richard D. Fain
Issuer symbol
RCL
Transactions as of
07 Feb 2022
Net transactions value
-$1,435,522
Form type
4
Filing time
09 Feb 2022, 19:23:19 UTC
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCL Common Stock Award $0 +50,020 +9.1% $0.000000 597,258 07 Feb 2022 Direct F1
transaction RCL Common Stock Tax liability $1,435,522 -17,989 -3% $79.80 579,269 07 Feb 2022 Direct F2
holding RCL Common Stock 210,706 07 Feb 2022 See Footnotes F3, F4
holding RCL Common Stock 24,400 07 Feb 2022 See Footnotes F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock underlying performance shares granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. The target award was authorized by the Compensation Committee on 02/13/2019. The award vested in one installment on 02/07/2022.
F2 Represents the average of the high and low prices for the issuer's common stock on the NYSE on 2/07/2022.
F3 Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.
F4 The reporting person disclaims beneficial ownership of some or all of these shares.
F5 Shares owned by The Montana Trust primarily for the benefit of certain members of the Fain family.

Remarks:

EXHIBIT LIST: Exhibit 24: Limited Power of Attorney for Section 16 Reporting Obligations