X0306 4 2018-01-23 0 0000884887 ROYAL CARIBBEAN CRUISES LTD RCL 0001391438 Kulovaara Harri U ROYAL CARIBBEAN CRUISES LTD. 1050 CARIBBEAN WAY MIAMI FL 33132 0 1 0 0 EVP, Maritime Common Stock 2018-01-23 4 A 0 6316 0 A 28163 D Common Stock 2018-02-06 4 F 0 2435 125.29 D 25728 D Represents shares of common stock underlying performance shares granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, as amended. The target award was authorized by the Compensation Committee on 02/06/2015. The actual number of shares underlying the award was determined by the Compensation Committee on 01/23/2018. The award vested in one installment on 02/06/2018. Granted in consideration for service as an officer of the issuer. Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain performance shares on 02/06/2018. Represents the average of the high and low prices for the issuer's common stock on the NYSE on 02/06/2018. Ryan Lawrence, Attorney-in-Fact for Harri U. Kulovaara 2018-02-07