NCLH executive granted 54,862 restricted shares
Kazlauskas Marc reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kazlauskas Marc reported acquisition or exercise transactions in this Form 4 filing.
Norwegian Cruise Line Holdings Ltd. reported that executive Marc Kazlauskas received an equity grant in the form of restricted share units for 54,862 shares of common stock at a reference value of $20.05 per share. These are compensation-related shares, not an open-market purchase.
The restricted share units will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, if the service-based conditions under the company’s Amended and Restated 2013 Performance Incentive Plan are met. After this grant, Kazlauskas is shown as directly holding 54,862 common shares.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 54,862 | $20.05 | $1.10M |
Footnotes (1)
- F1. Represents a grant of restricted share units under NCLH's Amended and Restated 2013 Performance Incentive Plan. The restricted share units will vest in three equal installments on March 1, 2027, March 1, 2028 and March 1, 2029.
FAQ
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What did Marc Kazlauskas report in this Form 4 for NCLH?
At what value were Marc Kazlauskas’s NCLH restricted units granted?
Is Marc Kazlauskas’s NCLH Form 4 transaction a stock purchase or a compensation award?
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