Frank J. del Rio - 30 Jun 2023 Form 4 Insider Report for Norwegian Cruise Line Holdings Ltd. (NCLH)

Reporting relationship: Former Pres. & CEO, Director
Issuer ticker: NCLH
Reported as of: 30 Jun 2023
Net transaction value: -$13,884,993
SEC form: 4
Accepted by SEC: 05 Jul 2023, 16:30:24 UTC
Prior SEC filing: 13 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/Daniel S. Farkas, as attorney-in-fact for Frank J. Del Rio

Filing notes and source

Key filing fact

Frank J. del Rio filed Form 4 for Norwegian Cruise Line Holdings Ltd. (NCLH) on 05 Jul 2023.

Key facts

This page summarizes Frank J. del Rio's Form 4 filing for Norwegian Cruise Line Holdings Ltd. (NCLH).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 05 Jul 2023, 16:30.

Change

Previous filing in this sequence was filed on 13 Jun 2023.
Current net transaction value: -$13,884,993.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NCLH transaction

Common Stock

Award

Transaction value: $0
Shares: +1,071,426
Change %: +116%
Price: $0.000000
Shares after: 1,997,931
Date: 30 Jun 2023
Ownership: Direct
Footnotes: F1, F2

NCLH transaction

Common Stock

Tax liability

Transaction value: $2,964,181
Shares: -136,159
Change %: -6.8%
Price: $21.77
Shares after: 1,861,772
Date: 30 Jun 2023
Ownership: Direct
Footnotes: F3

NCLH transaction

Common Stock

Tax liability

Transaction value: $382,651
Shares: -17,577
Change %: -0.94%
Price: $21.77
Shares after: 1,844,195
Date: 30 Jun 2023
Ownership: Direct
Footnotes: F4

NCLH transaction

Common Stock

Tax liability

Transaction value: $9,178,384
Shares: -421,607
Change %: -23%
Price: $21.77
Shares after: 1,422,588
Date: 30 Jun 2023
Ownership: Direct
Footnotes: F5

NCLH transaction

Common Stock

Tax liability

Transaction value: $1,359,776
Shares: -62,461
Change %: -4.4%
Price: $21.77
Shares after: 1,360,127
Date: 30 Jun 2023
Ownership: Direct
Footnotes: F6

NCLH holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 27,875
Date: 30 Jun 2023
Ownership: By FJDR Family Trust

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Frank J. del Rio is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Each restricted share unit represents the contingent right to receive one share of Norwegian Cruise Line Holdings Ltd.'s ("NCLH") common stock upon vesting.

Footnote F2

Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan on March 1, 2022. The restricted share units were originally subject to performance hurdles. The Compensation Committee determined the performance condition achievement level on June 30, 2023, and the restricted share units vested on June 30, 2023, pursuant to the terms of the award agreement.

Footnote F3

Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 346,020 restricted share units granted to the reporting person on October 1, 2020.

Footnote F4

Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 44,668 restricted share units granted to the reporting person on June 11, 2021.

Footnote F5

Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 1,071,426 performance-based restricted share units granted to the reporting person on March 1, 2022.

Footnote F6

Represents shares withheld by NCLH to satisfy tax withholding obligations in connection with the vesting of 158,730 restricted share units granted to the reporting person on March 1, 2022.