Norwegian Cruise Line Holdings Ltd. 4
4 · Norwegian Cruise Line Holdings Ltd. · Filed Nov 14, 2014
Insider Transaction Report
Form 4
Miller Maria
Senior Vice President
Transactions
- Sale
Common Stock
2014-11-12$40.35/sh−34,013$1,372,425→ 102,038 total - Conversion
Common Stock
2014-11-12+136,050→ 136,050 total - Conversion
NCL Corporation Units
2014-11-12−136,050→ 0 total→ Common Stock (136,050 underlying)
Footnotes (3)
- [F1]The reporting person redeemed 136,050 NCL Corporation Units (the "Units"). This number represents the total number of Units held by the reporting person on November 12, 2014, and hereby updates the total number of Units reported as held on the reporting person's Form 4 filed on November 12, 2014. 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]Reflects the sale of 20% of the common stock received upon exchange of the Units to facilitate the payment of taxes related to the exchange.
- [F3]All Units were vested as of the date of the redemption.