NORWEGIAN CRUISE LINE HOLDINGS LTD. (NASDAQ:NCLH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On December 9, 2016, the Board of Directors (the Board) of
Norwegian Cruise Line Holdings Ltd. (NCLH) determined that
effective as of January 1, 2017, Ms. Stella David will be
appointed as a member of the Board. The Board has determined that
Ms. David qualifies as an independent director to the rules and
regulations of the United States Securities and Exchange
Commission and the NASDAQ Stock Market.
The Board will also appoint Ms. David to the Nominating and
Governance Committee of the Board (the Committee). Following such
appointment, the members of the Committee will be Mr. David
Abrams, Chairperson, Mr. John Chidsey and Ms. Stella David.
to NCLHs Directors Compensation Policy, Ms. David will receive
the following compensation: (i) an annual cash retainer of
$100,000, payable in four equal quarterly installments, (ii)
$10,000 for each Board or Committee meeting located outside of
her country of residence (the United Kingdom) and attended
in-person, (iii) an annual restricted share unit (RSU) award on
the first business day of each calendar year, beginning with
2017, valued at $125,000 on the date of the award, which will
vest in one installment on the first business day of the next
calendar year. Ms. David will have the option to elect to receive
all or a portion of her $100,000 annual cash retainer in the form
of RSUs in lieu of cash.
Item 7.01. Regulation FD Disclosure.
On December 12, 2016, NCLH issued a press release regarding the
appointment. A copy of the press release is furnished as Exhibit
99.1 to this report.
Exhibit 99.1 is being furnished and shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated
by reference into any other filing under the Securities Act of
1933, as amended, or the Exchange Act, except as expressly set
forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Description |
|
| 99.1 | Press Release, dated December 12, 2016. |
About NORWEGIAN CRUISE LINE HOLDINGS LTD. (NASDAQ:NCLH)
Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths. Its brands offer various features, amenities, and activities, including various accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas and various entertainment choices. Its Norwegian offers approximately 10 ships that have been purpose-built to deliver the Freestyle Cruising product. Its Oceania Cruises offers the cuisine at sea and destination experiences with destination-rich itineraries. Its Regent Seven Seas Cruises offers a cruise line, which provides amenities included in the cruise fare. NORWEGIAN CRUISE LINE HOLDINGS LTD. (NASDAQ:NCLH) Recent Trading Information
NORWEGIAN CRUISE LINE HOLDINGS LTD. (NASDAQ:NCLH) closed its last trading session down -0.52 at 43.98 with 1,906,818 shares trading hands.
