Filed pursuant to Rule 424(b)(3) Registration No. 333-62950 PROSPECTUS SUPPLEMENT NO. 4 (TO PROSPECTUS DATED OCTOBER 4, 2001) CARNIVAL CORPORATION 2% CONVERTIBLE SENIOR DEBENTURES DUE 2021 AND SHARES OF COMMON STOCK This prospectus supplement No. 4 supplements and amends the prospectus dated October 4, 2001, as amended and supplemented by prospectus supplement No. 1 dated October 18, 2001, prospectus supplement No. 2 dated November 1, 2001 and prospectus supplement No. 3 dated November 16, 2001, relating to our 2% convertible senior debentures due 2021 and shares of common stock issuable upon conversion of the debentures. The table on pages 18 through 21 of the prospectus sets forth information with respect to the selling securityholders and the respective amounts of debentures beneficially owned by each selling securityholder that may be offered pursuant to the prospectus as amended and supplemented by prospectus supplement No. 1 dated October 18, 2001, prospectus supplement No. 2 dated November 1, 2001 and prospectus supplement No. 3 dated November 16, 2001. This prospectus supplement amends that table by adding to it the items set forth below. (4) (5) (2) (3) COMMON STOCK COMMON STOCK (1) PRINCIPAL AMOUNT OF PERCENT OF TOTAL ISSUABLE UPON OWNED PRIOR TO SELLING DEBENTURES BENEFICIALLY OUTSTANDING CONVERSION OF CONVERSION OF SECURITYHOLDER OWNED AND OFFERED DEBENTURES THE DEBENTURES DEBENTURES* -------------- ----------------- ---------- -------------- ----------- Deutsche Banc Alex Brown Inc............................ 26,200,000 4.37% 669,324 0 * Assuming the sale of all debentures and common stock issuable upon conversion of the debentures, selling securityholders will not hold any debentures and will hold the number of our common stock set forth in column (5) "Common Stock Owned Prior to Conversion of Debentures." At that time, no selling securityholder will hold more than 1% of our outstanding common stock. The prospectus dated October 4, 2001, as amended and supplemented by prospectus supplement No. 1 dated October 18, 2001, prospectus supplement No. 2 dated November 1, 2001, prospectus supplement No. 3 dated November 16, 2001 and this prospectus supplement No. 4, constitutes the prospectus required to be delivered by Section 5(b) of the Securities Act of 1933, as amended, with respect to offers and sales of the debentures and the common stock issuable upon conversion of the debentures. Our common stock is traded on the New York Stock Exchange under the symbol CCL. On December 20, 2001, the last reported sales price of the common stock was $27.64 per share. There is no public market for the debentures, and we do not intend to apply for their listing on any exchange or to seek approval for their quotation through any automated quotation system. WE URGE YOU TO CAREFULLY READ THE "RISK FACTORS" SECTION BEGINNING ON PAGE 10 OF THE ACCOMPANYING PROSPECTUS, WHERE WE DESCRIBE SPECIFIC RISKS ASSOCIATED WITH THESE SECURITIES BEFORE YOU MAKE YOUR INVESTMENT DECISION. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy of this prospectus supplement. Any representation to the contrary is a criminal offense. The date of this prospectus supplement is December 21, 2001.2 SELLING SECURITYHOLDERS The prospectus dated October 4, 2001, as amended and supplemented by prospectus supplement No. 1 dated October 18, 2001, prospectus supplement No. 2 dated November 1, 2001 and prospectus supplement No. 3 dated November 16, 2001, relating to the offer for resale of up to $600,000,000 aggregate principal amount of debentures and shares of common stock issuable upon conversion of the debentures is amended to replace the first paragraph and the table under the heading "Selling Securityholders" on page 18 with the information in the following paragraph and table. We may further amend or supplement this table from time to time if necessary. The following table provides, as of December 20, 2001, the name of each selling securityholder, the principal amount of debentures held by such selling securityholder, the number of shares of common stock owned by such securityholder prior to its purchase of debentures and the common stock issuable upon conversion of the debentures (based upon the initial conversion price). This information has been obtained from the selling securityholders. (2) PRINCIPAL AMOUNT OF (3) (4) (5) DEBENTURES PERCENT OF COMMON STOCK COMMON STOCK (1) BENEFICIALLY TOTAL ISSUABLE UPON OWNED PRIOR TO SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF SECURITYHOLDER OFFERED DEBENTURES THE DEBENTURES DEBENTURES* - -------------------------------- ------- ---------- -------------- ----------- Absolute Return Fund, Ltd...................... $327,000 0.05% 8,354 0 Allstate Insurance Company 550,000 0.09% 14,051 0 Allstate Life Insurance Company.................. 2,700,000 0.45% 68,976 0 Aristeia International, Limited.................. 9,900,000 1.65% 252,912 0 Aristeia Partners, L.P....... 3,600,000 0.60% 91,968 0 Aventis Pension Master Trust.................... 220,000 0.04% 5,620 0 Banc of America Securities LLC........... 9,793,000 1.63% 250,179 0 Bank America Pension Plan..................... 3,000,000 0.50% 76,640 0 Bear, Stearns & Co. Inc...... 8,113,000 1.35% 207,260 0 Black Diamond Capital I, Ltd...................... 482,000 0.08% 12,314 0 Black Diamond Offshore Ltd...................... 1,723,000 0.29% 44,017 0 Boilermaker--Blacksmith Pension Trust............ 1,375,000 0.23% 35,127 0 CALAMOS(R)Convertible Fund-- CALAMOS(R) Investment Trust.................... 3,000,000 0.50% 76,640 0 CALAMOS(R)Convertible Growth and Income Fund-- CALAMOS(R)Investment Trust.................... 1,275,000 0.21% 32,572 0 CALAMOS(R)Convertible Portfolio-- CALAMOS(R)Advisors Trust.................... 130,000 0.02% 3,321 0 CALAMOS(R)Global Convertible Fund-- CALAMOS(R)Investment Trust.................... 140,000 0.02% 3,577 0
3 (2) PRINCIPAL AMOUNT OF (3) (4) (5) DEBENTURES PERCENT OF COMMON STOCK COMMON STOCK (1) BENEFICIALLY TOTAL ISSUABLE UPON OWNED PRIOR TO SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF SECURITYHOLDER OFFERED DEBENTURES THE DEBENTURES DEBENTURES* - -------------------------------- ------- ---------- -------------- ----------- CALAMOS(R)Market Neutral Fund-- CALAMOS(R)Investment Trust.................... 5,400,000 0.90% 137,952 0 CIBC World Markets........... 5,000,000 0.83% 127,734 0 Circlet (IMA) Limited........ 2,000,000 0.33% 51,093 0 City of Albany Pension Plan..................... 125,000 0.02% 3,193 0 City of Knoxville Pension System................... 285,000 0.05% 7,281 0 Clarica Life Insurance Co.--U.S................. 350,000 0.06% 8,941 0 Consulting Group Capital Markets Funds............ 520,000 0.09% 13,284 0 Credit Suisse First Boston Corporation.............. 21,000,000 3.50% 536,481 0 Delta Airlines Master Trust.................... 2,400,000 0.40% 61,312 0 Delta Pilots Disability and Survivorship Trust....... 470,000 0.08% 12,007 0 Deutsche Banc Alex Brown Inc................ 54,400,000 9.07% 1,389,740 0 Double Black Diamond Offshore LDC............. 8,875,000 1.48% 226,727 0 Drury University............. 45,000 0.01% 1,150 0 Duckbill & Co................ 1,750,000 0.29% 44,707 0 First Union National Bank.... 500,000 0.08% 12,773 0 First Union Securities, Inc...................... 5,000,000 0.83% 127,734 0 First Union Securities, Inc./Bank Trading ....... 29,500,000 4.92% 753,628 0 General Motors Welfare Benefit Trust (VEBA)..... 3,000,000 0.50% 76,640 0 GLG Market Neutral Fund...... 1,000,000 0.17% 25,547 0 Global Bermuda Limited Partnership.............. 4,600,000 0.77% 117,515 0 GM Employees Global Group Pension Trust (Abs Return Portfolio)........ 1,500,000 0.25% 38,320 0 Goldman Sachs and Company.................. 5,837,000 0.97% 149,116 0 Greek Catholic Union......... 20,000 ** 511 0 Greek Catholic Union II...... 20,000 ** 511 0 H.K. Porter Company, Inc..... 35,000 0.01% 894 0 Jefferies & Company, Inc..... 500,000 0.08% 12,773 0 Jersey (IMA) Ltd............. 1,750,000 0.29% 44,707 0 JMG Capital Partners, LP..... 12,250,000 2.04% 312,947 0 JMG Triton Offshore Fd Ltd...................... 17,250,000 2.88% 440,681 0 J.P. Morgan Securities Inc...................... 52,870,000 8.81% 1,350,654 391,138 Julius Baer Multibond Convertbond.............. 750,000 0.13% 19,160 0 KBC Financial Products (Cayman Islands) Limited............. 9,500,000 1.58% 42,694 0 KBC Financial Products USA Inc.................. 8,000,000 1.33% 204,374 0
4 (2) PRINCIPAL AMOUNT OF (3) (4) (5) DEBENTURES PERCENT OF COMMON STOCK COMMON STOCK (1) BENEFICIALLY TOTAL ISSUABLE UPON OWNED PRIOR TO SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF SECURITYHOLDER OFFERED DEBENTURES THE DEBENTURES DEBENTURES* - -------------------------------- ------- ---------- -------------- ----------- Kerr-McGee Corporation....... 115,000 0.02% 2,938 0 Kettering Medical Center Funded Depreciation Account.................. 80,000 0.01% 2,044 0 Knoxville Utilities Board Retirement System........ 195,000 0.03% 4,982 0 Lakeshore International, Ltd...................... 18,400,000 3.07% 470,059 0 Lehman Brothers Inc.......... 13,000,000 2.17% 332,107 0 Leonardo, L.P................ 20,000,000 3.33% 510,934 0 Lexington (IMA) Limited...... 139,000 0.02% 3,551 0 Libertyview Funds, L.P....... 8,250,000 1.38% 210,760 0 Louisiana Workers' Compensation Corporation.............. 385,000 0.06% 9,835 0 MLQA Convertible Securities Arbitrage Ltd................ 20,000,000 3.33% 510,934 0 Morgan Stanley & Co.......... 4,000,000 0.67% 102,187 0 Nomura Securities International, Inc....... 15,000,000 2.50% 383,201 497,292 OZ Master Fund, Ltd.......... 4,534,000 0.76% 115,829 0 Peoples Benefit Life Insurance Company TEAMSTERS................ 5,000,000 0.83% 127,734 0 Port Authority of Allegheny County Retirement and Disability Allowance Plan for the Employees Represented by Local 85 of the Amalgamated Transit Union.................... 1,450,000 0.24% 37,043 0 Radian Asset Guaranty........ 1,000,000 0.17% 25,547 0 Radian Guaranty Inc.......... 1,000,000 0.17% 25,547 0 Retail Clerks Pension Trust.................... 2,500,000 0.42% 63,867 0 Retail Clerks Pension Trust #2................. 1,500,000 0.25% 38,320 0 Royal Bank of Canada......... 7,000,000 1.17% 178,827 225,705 SCI Endowment Care Common Trust Fund--National Fiduciary Services....... 230,000 0.04% 5,876 0 SCI Endowment Care Common Trust Fund--Suntrust........... 95,000 0.02% 2,427 0 Southern Farm Bureau Life Insurance................ 125,000 0.02% 3,193 0 SPT 1,100,000 0.18% 28,101 0 St. Albans Partners Ltd...... 5,000,000 0.83% 127,734 0 Starvest Managed Portfolio... 15,000 ** 383 0
5 (2) PRINCIPAL AMOUNT OF (3) (4) (5) DEBENTURES PERCENT OF COMMON STOCK COMMON STOCK (1) BENEFICIALLY TOTAL ISSUABLE UPON OWNED PRIOR TO SELLING OWNED AND OUTSTANDING CONVERSION OF CONVERSION OF SECURITYHOLDER OFFERED DEBENTURES THE DEBENTURES DEBENTURES* - -------------------------------- ------- ---------- -------------- ----------- State of Florida Division of Treasury.............. 460,000 0.08% 11,751 0 State of Florida, Office of the Treasurer......... 1,500,000 0.25% 38,320 0 State of Mississippi Health Care Trust Fund.......... 185,000 0.03% 4,726 0 Susquehanna Capital Group.................... 23,000,000 3.83% 587,574 0 TD Securities (USA) Inc...... 20,000,000 3.33% 510,934 0 The Dow Chemical Company Employees' Retirement Plan.......... 2,700,000 0.45% 68,976 0 The Fondren Foundation....... 85,000 0.01% 2,171 0 UBS AG London Branch......... 40,000,000 6.67% 1,021,868 0 UBS O'Connor LLC f/b/o UBS Global Equity Arbitrage Master Ltd..... 500,000 0.08% 12,773 0 Union Carbide Retirement Account.................. 1,750,000 0.29% 44,707 0 United Food and Commercial Workers Local 1262 and Employers Pension Fund... 650,000 0.11% 16,605 0 Vopak USA, Inc. Retirement Plan.......... 375,000 0.06% 9,580 0 White River Securities L.L.C.................... 10,112,000 1.69% 258,328 0 William Blair & Co. LLC...... 2,225,000 0.37% 56,841 0 Wolverine Trading, L.P....... 3,000,000 0.50% 76,640 0 Worldwide Transactions Ltd...................... 420,000 0.07% 10,729 0 Yield Strategies Fund II, LP....................... 3,250,000 0.54% 83,027 0 - ------------------------ * Assuming the sale of all debentures and common stock issuable upon conversion of the debentures, selling securityholders will not hold any debentures and will hold the number of our common stock set forth in column (5) "Common Stock Owned Prior to Conversion of Debentures." At that time, no selling securityholder will hold more than 1% of our outstanding common stock. ** Less than 0.01%.