1 unchanged sentence
Share Repurchases
−Removed: There were no repurchases of common stock during the quarter ended September 30, 2022.
−Removed: In connection with our debt covenant waivers, we agreed with our lenders not to engage in stock repurchases for so long as our debt covenant waivers are in effect.
−Removed: 4.1 Indenture, dated August 5, 2022, among the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed on August 8, 2022).
−Removed: 4.2 Indenture, dated August 18, 2022, among the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, Principal Paying Agent, Transfer Agent, and Registrar (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed on August 18, 2022).
−Removed: 10.1 Amendment to Term Loan Agreement, dated as of September 19, 2022, among Royal Caribbean Cruises Ltd., as the Borrower, the various financial institutions party thereto and Bank of America, N.A.
−Removed: 10.2 LIBOR Replacement Amendment to Term Loan Agreement, dated as of September 19, 2022, between Royal Caribbean Cruises Ltd., as the Borrower and Bank of America, N.A., as Administrative Agent.
+Added: The following table provides information about our repurchase of common stock during the quarter ended March 31, 2023.
+Added: There were no repurchases of common stock during the quarter ended March 31, 2023.
+Added: In the event we repurchase shares of our common stock, we will need to repay the amounts deferred under our export credit facilities as part of the principal amortization deferrals agreed with our lenders during 2020 and 2021.
+Added: Period Total number of shares purchased (1)
+Added: Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Approximate dollar value of shares that may yet be purchased under the plans or programs
+Added: January 1, 2023 - January 31,2023 — — — —
+Added: February 1, 2023 - February 28, 2023 229,740 5.24 — —
+Added: March 1, 2023 - March 31, 2023 — — — —
+Added: Total 229,740 5.24 — —
+Added: (1) Includes shares related to employee stock plans; primarily 213,313 performance shares issued that did not vest as the performance criteria was not met and were repurchased at par value of $0.01 per share.
+Added: Additionally, shares were withheld by us to cover withholding taxes due at the election of certain holders.
+Added: 10.1 Transition and Separation Agreement, dated as of March 31, 2023, by and between Lisa Lutoff-Perlo and Celebrity Cruises, Inc.
+Added: 10.2 Form of Performance Shares Agreement pursuant to the 2008 Equity Incentive Plan, as amended and restated
+Added: 10.3 Form of Performance Shares Agreement (Vesting into Retirement) pursuant to the 2008 Equity Incentive Plan, as amended and restated
+Added: 10.4 Form of Restricted Stock Unit Agreement for Non-Employee Directors pursuant to the 2008 Equity Incentive Plan, as amended and restated
+Added: 10.5 Form of Restricted Stock Unit Agreement pursuant to the 2008 Equity Incentive Plan, as amended and restated
+Added: 10.6 Form of Restricted Stock Unit Agreement (Vesting into Retirement) pursuant to the 2008 Equity Incentive Plan, as amended and restated
31.1 Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934
4 unchanged sentences
101 The following financial statements of Royal Caribbean Cruises Ltd.
−Removed: for the period ended September 30, 2022, formatted in iXBRL (Inline extensible Reporting Language) are filed herewith:
−Removed: (i) the Consolidated Statements of Comprehensive Loss for the quarters and nine months ended September 30, 2022 and 2021;
−Removed: (ii) the Consolidated Balance Sheets at September 30, 2022 and December 31, 2021;
−Removed: (iii) the Consolidated Statements of Cash Flows for the nine months ended September 30, 2022 and 2021;
+Added: for the period ended March 31, 2023, formatted in iXBRL (Inline extensible Reporting Language) are filed herewith:
+Added: (i) the Consolidated Statements of Comprehensive Loss for the quarters and three months ended March 31, 2023 and 2022;
+Added: (ii) the Consolidated Balance Sheets at March 31, 2023 and December 31, 2022;
+Added: (iii) the Consolidated Statements of Cash Flows for the three months ended March 31, 2023 and 2022;
(iv) the Notes to the Consolidated Financial Statements, tagged in summary and detail.
5 unchanged sentences
Chief Financial Officer
−Removed: November 3, 2022 (Principal Financial Officer and duly authorized signatory)
+Added: May 4, 2023 (Principal Financial Officer and duly authorized signatory)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.