ONESPAWORLD HOLDINGS Ltd — Director's Dealing 2021

Mar 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ONESPAWORLD HOLDINGS Ltd (OSW)
CIK: 0001758488
Period of Report: 2021-03-09

Reporting Person: Bonner Susan Reardon (Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-09	Common Shares	M	20834	$11.09	Acquired	35036	Direct
2021-03-10	Common Shares	F	6103	$11.2777	Disposed	28933	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-09	Performance Stock Units	$	M	20834	Disposed		Common Shares (20834)	Direct

Footnotes

F1: 25% of the Performance Stock Units awarded on October 13, 2020 vested upon achieving the vesting conditions.

F2: Represents shares withheld to satisfy tax withholding obligations upon the vesting and settlement of the Performance Stock Units.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.07 to $11.40, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, OneSpaWorld Holdings Ltd's (the "Company"), or any security holder of the comapany, full information regarding the number of shares sold at each separate price.

F4: The units reported herein were granted outside of the company incentive award plans as "employment inducement grants" under NASDAQ Listing Rule 5635(c)(4).

F5: Each Performance Stock Unit represents a contingent right to receive, at vesting, one common share, par value $0.0001 per share, of the Company.

F6: The Performance Stock Units vest upon the achievement of certain stock price hurdle objectives over the six year period following the grant date.