Form 4 for OSW ONESPAWORLD HOLDINGS Ltd
Accepted 2022-02-24 00:00:00 ET · period of report 2022-02-22 · accession 0000899243-22-007784 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-02-24 | 2022-02-22 | OSW | Bonner Susan Reardon | Chief Commercial Off | A - Grant | $0.00 | +51.5K | 196.6K | +36% | $0 |
| 2022-02-24 | 2022-02-23 | OSW | Bonner Susan Reardon | Chief Commercial Off | J - Other | $9.57 | -2,727 | 223.7K | -1% | -$26.1K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2022-02-22 | A | A | 29,799 | $0.00 | 226,405 | D | — | — | (F3) The reported transaction reflects a grant of the Issuer's restricted stock units ("RSUs"), which settle one-for-one in common shares upon vesting, which vesting will occur one-third on March 7, 2022 and two-thirds on December 5, 2022, subject to the Reporting Person's continued service through such date. |
| 2 | Common | Common Shares | 2022-02-22 | A | A | 21,725 | $0.00 | 196,606 | D | — | — | (F2) Each PSU represents a contingent right to receive, at full vesting, one common share, par value $0.0001 per share, of 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. (F1) The reported securities are Performance Stock Units ("PSUs") that were granted to the Reporting Person by OneSpaWorld Holdings Ltd. ("OSW", the "Issuer") on December 21, 2020. One-third of the reported PSUs vested upon achieving the performance vesting conditions. The remaining unvested PSUs vest in one-third installments on each of December 21, 2022 and December 21, 2023. |
| 3 | Common | Common Shares | 2022-02-23 | J | D | 2,727 | $9.57 | 223,678 | D | — | — | (F4) Represents shares sold to satisfy tax withholding obligations upon the vesting and settlement of the PSUs. (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.35 to $9.71, 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. |