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CARNIVAL CORP Director's Dealing 2010

Feb 24, 2010

30070_dirs_2010-02-24_30a6318b-e250-4af7-8a5c-7aab566e31f9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARNIVAL CORP (CCL)
CIK: 0000815097
Period of Report: 2010-02-22

Reporting Person: BUCKELEW ALAN (President & CEO - PCL)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-22 Common Stock A 662 $34.12 Acquired 67247 Direct
2010-02-22 Common Stock F 3204 $34.12 Disposed 64043 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-22 Restricted Stock Units $0 J 3976 Disposed Common Stock (3976) Direct

Footnotes

F1: Represents settlement of dividend equivalents accumulated during the restricted period of restricted share and restricted stock unit awards originally granted in 2007, which have now been released

F2: Represents a surrender of shares to satisfy tax obligations on the vesting of a restricted stock and restricted stock unit awards originally granted in 2007.

F3: Forfeiture of restricted stock unit award granted on February 20, 2007 for which the requisite performance target was not satisfied.

F4: Award of restricted stock units which represents a hypothetical interest in Carnival Corporation common stock, restricted stock units either vest or are forfeited therefore there is no expiration date.