CARNIVAL CORP — Director's Dealing 2022

Feb 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARNIVAL CORP (CCL)
CIK: 0000815097
Period of Report: 2022-02-15

Reporting Person: Bernstein David (CFO & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-15	Common Stock	A	2512	—	Acquired	111844	Direct
2022-02-15	Common Stock	F	989	$22.3293	Disposed	110855	Direct

Footnotes

F1: Vesting of performance-based restricted stock units ("PBS RSUs") granted in January 2019 pursuant to the Carnival Corporation 2011 Stock Plan which includes shares from the settlement of dividend equivalents accumulated during the PBS RSU restricted period. Each PBS RSU represents one share of Carnival Corporation common stock.

F2: The reporting person was eligible to earn from 0-200% of the target amount of PBS RSUs to the extent that Carnival Corporation & plc's annual operating income, as adjusted for certain fuel price changes and currency exchange rate impact, for each of the three fiscal years in the 2019-2021 performance cycle and the average of each year's return on invested capital at the end of the three-year performance cycle exceed specified performance goals.

F3: Represents shares withheld by the Company to cover taxes associated with vesting of PBS RSUs.