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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
884887	Royal Caribbean Cruises Ltd	RCL	Water Transportation (4400)	980081645

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1492662	W Michael Bayley	Royal Caribbean Cruises Ltd. 1050 Caribbean Way Miami FL 33132	Evp, International	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-11-08	11,137	$28.90	36,513	No	4	M	Direct
Common Stock	Disposition	2010-11-08	11,137	$42.80	25,376	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Disposition	2010-11-08	11,137	$0.00	11,137	$28.90

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,136		2018-09-03	No	4	M	Direct

Footnotes

Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 8, 2010. The actual sale prices ranged from a low of $42.80 to a high of $42.82. The Reporting Person undertakes to provide upon request of the SEC Staff, Royal Caribbean Cruises Ltd. or a Royal Caribbean Cruises Ltd. security holder full information regarding the number of shares sold at each price within the range.
Immediately.