Royal Caribbean Director Sells Shares

Royal Caribbean Cruises Director Bernard W. Aronson Exercises Options for 25,000 Shares

NEW YORK (AP) -- A director of Royal Caribbean Cruises Ltd. the world's second-largest cruise operator, exercised options for 25,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.

In a Form 4 filed with the SEC, Bernard W. Aronson reported he exercised options for the shares on Friday for $9.55 apiece and then sold all of them the same day for $42.10 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Royal Caribbean is based in Miami.