# EDGAR Filing Document

**Accession Number:** 0001259062
**File Stem:** 0000899243-23-004437
**Filing Date:** 2023-2
**Character Count:** 9614
**Document Hash:** a3c7ddac41a52e9f63015e0ee1bdc8a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000899243-23-004437.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0000899243-23-004437

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230207

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** HEYER ANDREW R
- **CENTRAL INDEX KEY:** 0001259062

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38843
- **FILM NUMBER:** 23607192

**MAIL ADDRESS:**
- **STREET 1:** C/O MISTRAL EQUITY PARTNERS
- **STREET 2:** 650 FIFTH AVENUE 31ST FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ONESPAWORLD HOLDINGS Ltd
- **CENTRAL INDEX KEY:** 0001758488
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS [7997]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** C5
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** LOBOSKY MANAGEMENT CO. LTD., OFFICE #2
- **STREET 2:** AIRPORT INDUSTRIAL PARK, BOX N-624
- **CITY:** NASSAU
- **STATE:** C5
- **ZIP:** 0000
- **BUSINESS PHONE:** 242-322-2670

**MAIL ADDRESS:**
- **STREET 1:** LOBOSKY MANAGEMENT CO. LTD., OFFICE #2
- **STREET 2:** AIRPORT INDUSTRIAL PARK, BOX N-624
- **CITY:** NASSAU
- **STATE:** C5
- **ZIP:** 0000

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>HEYER ANDREW R<br><sub>(Last) (First) (Middle)</sub><br>770 SOUTH DIXIE HIGHWAY, SUITE 200<br><sub>(Street)</sub><br>CORAL GABLES, FL 33146<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>ONESPAWORLD HOLDINGS Ltd [ OSW ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Shares | 2023-02-07 |  | S |  | 35464<sup>(1)</sup> | D | 11.0106<sup>(2)</sup> | 496164 | D |  |
| Common Shares | 2023-02-07 |  | S |  | 25000<sup>(3)</sup> | D | 11.0126<sup>(2)</sup> | 480942 | I | See Footnotes<sup>(4)(5)</sup> |
| Common Shares | 2023-02-07 |  | S |  | 35547<sup>(6)</sup> | D | 11.0115<sup>(7)</sup> | 114453 | I | By Wife<sup>(6)</sup> |
| Common Shares | 2023-02-08 |  | S |  | 14453<sup>(6)</sup> | D | 11.0565<sup>(8)</sup> | 100000 | I | By Wife<sup>(6)</sup> |
| Common Shares | 2023-02-08 |  | S |  | 14536<sup>(1)</sup> | D | 11.0559<sup>(9)</sup> | 481628 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) The sales reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2022.

(2) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.07. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

(3) The sales reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the Heyer Investment Management, LLC on March 14, 2022.

(4) Includes (i) 306,886 common shares of the Issuer (the "Common Shares") held by Heyer Investment Management, LLC, (ii) 44,764 Common Shares held by Harris Reid Trust, (iii) 49,764 Common Shares held by James Heyer Trust, (iv) 29,764 Common Shares by Peter Justin Heyer Trust and (v) 49,764 Common Shares held by William Heyer Trust. The Reporting Person is (i) a trustee of each of Harris Reid Heyer Trust, James Heyer Trust, Peter Justin Heyer Trust, and William Heyer Trust; and (ii) the managing member of Heyer Investment Management, LLC (the foregoing entities, the "Andrew Heyer Entities").

(5) The Reporting Person may be deemed to have or share beneficial ownership of securities held by the Andrew Heyer Entities. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

(6) The sales reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's spouse on March 14, 2022. The reported securities, which are held and independently managed by Mindy Heyer, the Reporting Person's spouse, were not reflected on the Reporting Person's prior filings. The Reporting Person disclaims beneficial ownership of such securities.

(7) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.08. The Reporting Person's spouse undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

(8) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.19. The Reporting Person's spouse undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

(9) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.16. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

**Signature:** /s/ Inga Fyodorova, as Attorney-in-Fact for Andrew R. Heyer  
**Date:** 2023-02-09

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**