Bot Bernard Ladislas 4

4 · Travelport Worldwide LTD · Filed Jun 3, 2019

Form 4

Period: 2019-05-30

Executive Vice President & CFO

Transactions

Disposition to Issuer
Common Shares
2019-05-30−100,202→ 0 total
Disposition to Issuer
Time Vested Restricted Share Units
2019-05-30−15,331→ 0 total
Exercise: $0.00→ Common Shares (15,331 underlying)
Disposition to Issuer
Time Vested Restricted Share Units
2019-05-30−11,628→ 0 total
Exercise: $0.00→ Common Shares (11,628 underlying)
Disposition to Issuer
Time Vested Restricted Share Units
2019-05-30−19,599→ 0 total
Exercise: $0.00→ Common Shares (19,599 underlying)

Footnotes (5)

[F1]At the Effective Time (as defined below), pursuant to the Merger Agreement (as defined below), each common share, par value $0.0025 per share ("Company Common Share"), of Travelport Worldwide Limited ("Travelport") that was outstanding immediately prior to the Effective Time was cancelled and converted into the right to receive $15.75 in cash (the "Merger Consideration"), subject to applicable withholding taxes.
[F2]At the Effective Time, pursuant to the Merger Agreement, each restricted share unit in respect of Company Common Shares ("Company RSUs") that was outstanding as of immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the total number of Company Common Shares subject to such Company RSU and (ii) the Merger Consideration, plus accrued dividends thereon.
[F3]Time-vested restricted share units that were scheduled to vest on 01/15/2020.
[F4]Time-vested restricted share units that were scheduled to vest in equal installments on 04/15/2020 and 04/15/2021.
[F5]Time-vested restricted share units that were scheduled to vest in equal installments on 4/15/2020, 4/15/2021 and 4/15/2022.

Documents

1 file