jason glen cahilly - Apr 21, 2023 Form 4 Insider Report for CARNIVAL PLC (CUK)

Role
Director
Signature
/s/ Jason G. Cahilly
Stock symbol
CUK
Transactions as of
Apr 21, 2023
Transactions value $
$0
Form type
4
Date filed
4/25/2023, 11:50 AM
Previous filing
Jun 6, 2022
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUK Trust Shares (beneficial Interest in Special Voting Share) Award $0 +18.7K +48.34% $0.00 57.2K Apr 21, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 (fka 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 Grant of restricted shares made pursuant to the Carnival Corporation 2020 Stock Plan. The restriction on the shares lapses on the third anniversary of the grant date.
F3 The Board of Directors approved a value of $175,000 to be awarded to the reporting person in the form of restricted shares. The number of restricted shares was determined by dividing this value by the closing price of a share of Carnival Corporation common stock on the date of grant, then rounding down to the nearest whole share.