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Carnival PLC — Director's Dealing 2016
Apr 5, 2016
4799_dirs_2016-04-05_4f3ff0f2-c764-4196-9a78-e645c27e0623.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CARNIVAL PLC (CUK)
CIK: 0001125259
Period of Report: 2016-04-01
Reporting Person: GLASIER RICHARD (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-04-01 | Trust Shares (beneficial Interest In Special Voting Share) | M | 10000 | $47.83 | Acquired | 34686 | Direct |
| 2016-04-01 | Trust Shares (beneficial Interest In Special Voting Share) | S | 10000 | $52.43 | Disposed | 24686 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-04-01 | Stock Option (Right to Buy) | $47.83 | M | 10000 | Disposed | 2016-10-16 | Ordinary Shares (10000) | Direct |
Footnotes
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: The price reported reflects the average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: Options vest ratably over five years beginning on the first anniversary of the grant date.