STIEFLER JEFFREY E 4
4 · ONESPAWORLD HOLDINGS Ltd · Filed Jun 16, 2020
Insider Transaction Report
Form 4
STIEFLER JEFFREY E
Director
Transactions
- Award
Common Shares
2020-06-12+25,000→ 66,431 total(indirect: See Footnote) - Award
Warrant (right to buy)
2020-06-12+6,667→ 6,667 total(indirect: See Footnote)Exercise: $5.75Exp: 2025-06-12→ Common Shares (6,667 underlying)
Footnotes (3)
- [F1]On June 12, 2020, Stiefler Trust U/T/D 5/31/07 ("Stiefler Trust") purchased (i) 25,000 common shares and (ii) 6,667 warrants to acquire common shares pursuant to an Investment Agreement by and among the Issuer, Steiner Leisure Limited, Stiefler Trust, and the other investors named on the signature pages thereto, for an aggregate purchase price of $100,000. The reporting person is the trustee of Stiefler Trust and has voting and dispositive power over the securities held by it. Accordingly, the reporting person may be deemed to have or share beneficial ownership of such securities. The reporting person disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]Includes 41,431 common shares indirectly held by Stiefler Trust prior to June 12, 2020.
- [F3]The warrants are immediately exercisable and expire on the fifth anniversary of the issuance date.