bettina deynes - Apr 16, 2025 Form 4 Insider Report for CARNIVAL PLC (CUK)

Role
Chief Human Resources Officer
Signature
/s/ Bettina Deynes
Stock symbol
CUK
Transactions as of
Apr 16, 2025
Transactions value $
$0
Form type
4
Date filed
4/18/2025, 09:43 AM
Previous filing
Feb 20, 2025
SEC
View on sec.gov

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 +29.7K +69.5% $0.00 72.4K Apr 16, 2025 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 (f/k/a 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 time vested restricted stock units ("TBS RSUs") made pursuant to the Carnival Corporation 2020 Stock Plan. Each TBS RSU represents a hypothetical interest in one share of Carnival Corporation common stock. The TBS RSUs will vest on a 3-year pro-rata basis in April 2026, 2027 and 2028. The TBS RSUs will accumulate dividend equivalents and may only be settled in shares.
F3 The grant was approved by the Compensation Committees as a total value to be received in the form of TBS RSUs. The number of TBS RSUs was determined by dividing the grant value by the average of the closing prices of a share of Carnival Corporation common stock over 10 consecutive trading days ending on the date of grant, then rounding down to the nearest whole share.