4//SEC Filing
KRUSE STEIN 4
Accession 0001127602-20-006340
CIK 0001125259other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 2:59 PM ET
Size
8.6 KB
Accession
0001127602-20-006340
Insider Transaction Report
Form 4
CARNIVAL PLCCUK
KRUSE STEIN
President & CEO, HAL
Transactions
- Tax Payment
Trust Shares (beneficial Interest In Special Voting Share)
2020-02-14$42.93/sh−8,832$379,194→ 82,104.578 total - Award
Trust Shares (beneficial Interest In Special Voting Share)
2020-02-14+25,106→ 90,936.578 total
Holdings
- 4,413.036
Ordinary Shares
Footnotes (4)
- [F1]Represents trust shares (the "Trust Shares") of beneficial interests in P&O Princess Voting Trust (the "Trust"). In connection with the dual listed company transaction between Carnival plc (f/k/a P&O Princess Cruises plc) and Carnival Corporation (the "DLC Transaction"), Carnival plc issued one special voting share to the Trust and, following a series of transactions, the Trust Shares were distributed to holders of common stock of Carnival Corporation (the "Carnival Corporation Common Stock"). Since completion of the DLC Transaction on April 17, 2003, if Carnival Corporation issues Carnival Corporation Common Stock to a person, the Trust will issue an equivalent number of Trust Shares to such person. The Trust Shares are paired with shares of Carnival Corporation Common Stock and are represented by the same stock certificate. The Trust Shares represent a beneficial interest in the Carnival plc special voting share.
- [F2]Vesting of performance-based restricted stock units ("PBS RSUs") granted on April 5, 2017 pursuant to the Carnival Corporation 2011 Stock Plan. Each PBS RSU represents one share of Carnival Corporation common stock.
- [F3]The reporting person was eligible to earn from 0-200% of the stated target amount of PBS RSUs to the extent that Carnival Corporation & plc's annual operating income, as adjusted for certain fuel price changes and currency exchange rate impact for each of the three fiscal years in the 2017-2019 performance cycle and the average of each year's return on invested capital at the end of the three-year performance cycle exceed specified performance goals. This includes shares from the settlement of dividend equivalents accumulated during the PBS RSU restricted period.
- [F4]Represents a surrender of shares to satisfy the tax obligation on the vesting of PBS RSUs.
Documents
Issuer
CARNIVAL PLC
CIK 0001125259
Entity typeother
Related Parties
1- filerCIK 0001270033
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 2:59 PM ET
- Size
- 8.6 KB