0000899243-22-007785.txt : 20220224
0000899243-22-007785.hdr.sgml : 20220224
20220224215548
ACCESSION NUMBER: 0000899243-22-007785
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220222
FILED AS OF DATE: 20220224
DATE AS OF CHANGE: 20220224
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FLUXMAN LEONARD I
CENTRAL INDEX KEY: 0001063623
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38843
FILM NUMBER: 22674168
MAIL ADDRESS:
STREET 1: STEINER LEISURE LIMITED
STREET 2: 770 S DIXIE HIGHWAY SUITE 200
CITY: CORAL GABLES
STATE: FL
ZIP: 33146
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ONESPAWORLD HOLDINGS Ltd
CENTRAL INDEX KEY: 0001758488
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS [7997]
IRS NUMBER: 000000000
STATE OF INCORPORATION: C5
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: SHIRLEY HOUSE
STREET 2: 253 SHIRLEY STREET
CITY: NASSAU
STATE: C5
ZIP: N-624
BUSINESS PHONE: 3053589002
MAIL ADDRESS:
STREET 1: SHIRLEY HOUSE
STREET 2: 253 SHIRLEY STREET
CITY: NASSAU
STATE: C5
ZIP: N-624
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-02-22
0
0001758488
ONESPAWORLD HOLDINGS Ltd
OSW
0001063623
FLUXMAN LEONARD I
770 SOUTH DIXIE HIGHWAY, SUITE 200
CORAL GABLES
FL
33146
1
1
0
0
See Remarks
Common Shares
2022-02-22
4
A
0
215080
0.00
A
1748088
D
Common Shares
2022-02-22
4
A
0
109617
0.00
A
1857705
D
Common Shares
2022-02-23
4
J
0
26991
9.57
D
1830714
D
The reported securities are Performance Stock Units ("PSUs") that were granted to the Reporting Person by OneSpaWorld Holdings Ltd. ("OSW", the "Issuer") on December 21, 2020. One-third of the reported PSUs vested upon achieving the performance vesting conditions. The remaining unvested PSUs vest in one-third installments on each of December 21, 2022 and December 21, 2023.
Each PSU represents a contingent right to receive, at full vesting, one common share, par value $0.0001 per share, of the Issuer, with a portion of such shares mandatorily sold, pursuant to the terms of the grant, in a broker assisted cashless exercise program arranged by the Issuer.
The reported transaction reflects a grant of the Issuer's restricted stock units ("RSUs"), which settle one-for-one in common shares upon vesting, which vesting will occur one-third on March 7, 2022 and two-thirds on December 5, 2022, subject to the Reporting Person's continued service through such date.
Represents shares sold to satisfy tax withholding obligations upon the vesting and settlement of the PSUs.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.35 to $9.71, inclusive. The reporting person undertakes to provide to OSW, any security holder of OSW, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
CEO, President, Executive Chairman & Director
/s/ Inga Fyodorova, as attorney-in-fact for Leonard Fluxman
2022-02-24