Form 4 for OSW ONESPAWORLD HOLDINGS Ltd
Accepted 2024-01-03 00:00:00 ET · period of report 2023-12-29 · accession 0000899243-24-000067 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-03 | 2023-12-29 | OSW | LAZARUS STEPHEN | CFO, COO | M - OptEx | — | +78.9K | 757.6K | +12% | — |
| D | 2024-01-03 | 2024-01-02 | OSW | LAZARUS STEPHEN | CFO, COO | F - Tax | $13.94 | -64.0K | 693.5K | -8% | -$892.7K |
| D | 2024-01-03 | 2023-12-29 | OSW | LAZARUS STEPHEN | CFO, COO | M - OptEx | $0.00 | -78.9K | 0 | -100% | $0 |
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 | 2023-12-29 | M | A | 78,875 | — | 757,565 | D | — | — | (F1) Each Performance Stock Unit represents a contingent right to receive, at vesting, one Common Share. 25% of the Performance Stock Units vested upon achieving certain stock price hurdle objectives during the six-year period following the August 18, 2020, grant date. |
| 2 | Common | Common Shares | 2024-01-02 | F | D | 64,036 | $13.94 | 693,529 | D | — | — | (F2) Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of the Performance Stock Units, such shares mandatorily sold, pursuant to the terms of the grant, in a broker assisted cashless exercise program arranged by the Issuer. (F3) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.8300 to $14.0750. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each price within this range. |
| 3 | Derivative | Performance Stock Units | 2023-12-29 | M | D | 78,875 | $0.00 | 0 | D | — · — to — | 78,875 Common Shares | (F1) Each Performance Stock Unit represents a contingent right to receive, at vesting, one Common Share. 25% of the Performance Stock Units vested upon achieving certain stock price hurdle objectives during the six-year period following the August 18, 2020, grant date. |