PR Newswire
London, February 18
Carnival Corporation & plc
Notification of Transactions of Directors/PDMRS
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Arnold W. Donald | |
| 2 | Reason for the notification | ||
| a) | Position/status | President & Chief Executive Officer of Carnival Corporation & plc / Director | |
| b) | Initial notification/ Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Carnival Corporation | |
| b) | Legal Entity Identifier | F1OF2ZSX47CR0BCWA982 | |
| 4A | Details of the transaction: 1 | ||
| a) | Description of the financial instrument, type of instrument Identification code | Common stock with a nominal value of US$0.01 per share CUSIP: 143658300 | |
| b) | Nature of the transaction | Acquired 62,765 shares on the vesting of a grant of performance-based restricted stock units (�PBS RSUs�) originally made on April 5, 2017 pursuant to the Carnival Corporation 2011 Stock Plan. Each PBS RSU represented one share of Carnival Corporation common stock.� 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. | |
| c) | Price(s) and volume(s) | Price(s) $0.00 | Volume(s) 62,765 |
| d) | Aggregated information - Aggregated volume - Price | 62,765 $0.00 | |
| e) | Date of the transaction | 2020-02-14 | |
| f) | Place of the transaction | NYSE | |
| 4B | Details of the transaction: 2 | ||
| a) | Description of the financial instrument, type of instrument Identification code | Common stock with a nominal value of US$0.01 per share CUSIP: 143658300 | |
| b) | Nature of the transaction | Represents a surrender of shares to satisfy the tax obligation on the release of vested PBS RSUs. | |
| c) | Price(s) and volume(s) | Price(s) $42.9341 | Volume(s) 24,699 |
| d) | Aggregated information - Aggregated volume - Price | 24,699 $42.9341 | |
| e) | Date of the transaction | 2020-02-14 | |
| f) | Place of the transaction | Off Market | |
Arnaldo Perez
General Counsel & Secretary
Carnival Corporation & plc
3655 NW 87th Avenue
MLGL-815
Miami, FL 33178
T: 305.599.2600
