Norwegian Cruise Line Holdings Ltd. 4
4 · Norwegian Cruise Line Holdings Ltd. · Filed Mar 17, 2014
Insider Transaction Report
Form 4
Becker Robert
Senior Vice President
Transactions
- Conversion
NCL Corporation Units
2014-03-17−27,500→ 36,238 total→ Common Stock (27,500 underlying) - Conversion
Common Stock
2014-03-17+27,500→ 27,500 total - Sale
Common Stock
2014-03-17$31.95/sh−27,500$878,625→ 0 total
Footnotes (3)
- [F1]The reporting person redeemed 27,500 NCL Corporation Units (the "Units"). Units are redeemable for an equal number of shares of Norwegian Cruise Line Holdings Ltd.'s ("NCLH") common stock, or, at the election of NCLH, a cash payment equal to the value of the redeemed Units. NCLH elected to redeem the reporting person's Units with common stock. The Units have no expiration date.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.73 to $32.09, inclusive. The reporting person undertakes to provide to NCLH, any security holder of NCLH, 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 ranges set forth in this footnote (2).
- [F3]All Units were vested as of the date of the redemption.