Form 4 for NCLH Norwegian Cruise Line Holdings
Accepted 2023-07-05 00:00:00 ET · period of report 2023-06-30 · accession 0001104659-23-078150 · 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 | 2023-07-05 | 2023-06-30 | NCLH | Del Rio Frank J | CEO, Former Pres, Dir | F - Tax | $21.77 | -637.8K | 1.36M | -32% | -$13.88M |
| 2023-07-05 | 2023-06-30 | NCLH | Del Rio Frank J | CEO, Former Pres, Dir | A - Grant | $0.00 | +1.07M | 2.00M | +116% | $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 Stock | 2023-06-30 | F | D | 136,159 | $21.77 | 1,861,772 | D | — | — | (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. |
| 2 | Common | Common Stock | 2023-06-30 | F | D | 17,577 | $21.77 | 1,844,195 | D | — | — | (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. |
| 3 | Common | Common Stock | 2023-06-30 | F | D | 421,607 | $21.77 | 1,422,588 | D | — | — | (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. |
| 4 | Common | Common Stock | 2023-06-30 | F | D | 62,461 | $21.77 | 1,360,127 | D | — | — | (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. |
| 5 | Common | Common Stock | 2023-06-30 | A | A | 1,071,426 | $0.00 | 1,997,931 | D | — | — | (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. (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. |