Norwegian Cruise Line Holdings Ltd. 4
4 · Norwegian Cruise Line Holdings Ltd. · Filed Mar 19, 2014
Insider Transaction Report
Form 4
Miller Maria
Senior Vice President
Transactions
- Award
NCL Corporation Units
2014-03-18+42,516→ 110,541 totalFrom: 2014-03-18→ Common Stock (42,516 underlying) - Award
Stock Option (right to buy)
2014-03-18+20,677→ 53,760 totalExercise: $19.00From: 2014-03-18Exp: 2020-01-17→ Common Stock (20,677 underlying)
Footnotes (2)
- [F1]On January 24, 2013, the reporting person received NCL Corporation Units (the "Units"). The 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 exchanged Units. The Units are subject to customary adjustments for stock splits, subdivisions, combinations and other extraordinary events. The Units have no expiration date. The Units reported above were subject to a performance vesting condition based on the level of capital invested in NCLH and its subsidiaries realized by investment funds affiliated with Apollo Global Management, LLC. NCLH's Board of Directors determined on March 18, 2014 that the performance vesting requirement applicable to the Units reported above had been achieved.
- [F2]On January 18, 2013, the reporting person received stock options. The stock options reported above were subject to the same performance vesting condition as the Units reported above, which NCLH's Board of Directors determined on March 18, 2014 had been achieved.