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CARNIVAL CORP Director's Dealing 2012

Feb 23, 2012

30070_dirs_2012-02-23_1231ac25-c149-4be7-8360-e90943e1b313.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: 2012-02-21

Reporting Person: RATCLIFFE PETER GERVIS (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-21 Common Stock M 10000 Acquired 12629 Direct
2012-02-21 Common Stock A 1420 Acquired 14049 Direct
2012-02-21 Common Stock F 5445 $30.74 Disposed 8604 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-02-21 Restricted Stock Units $0 M 10000 Disposed Common Stock (10000) Direct

Footnotes

F1: Represents shares released from restriction from a Restricted Stock Unit award granted in 2007.

F2: Represents settlement of dividend equivalents accumulated during the restricted period of a restricted stock unit award originally granted in 2007, which has now vested.

F3: Represents a surrender of shares to satisfy tax obligation on the vesting of the Restricted Stock Unit.

F4: No expiration date. The award will either vest or be forfeited pursuant to the terms of the Restricted Stock Unit Agreement between the reporting person an the issuer.