4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001179110-08-000273
CIK 0001394159operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 2:35 PM ET
Size
6.1 KB
Accession
0001179110-08-000273
Insider Transaction Report
Form 4
SCHORR PAUL IV
Director
Transactions
- Award
Restricted Stock Units
2007-12-31+2,175.174→ 0 total
Footnotes (2)
- [F1]The restricted stock units were granted on December 31, 2007 under the Orbitz Worldwide, Inc. Non-Employee Directors Deferred Compensation Plan (the "Plan"). Each restricted stock unit represents a right to receive one share of Orbitz Worldwide, Inc. (the "Company") common stock, par value $0.01 per share, on the date which is 200 days immediately following the date upon which Mr. Schorr's service as a member of the Company's Board of Directors terminates for any reason. The restricted stock units are immediately vested and non-forfeitable. The grant of restricted stock units is part of Mr. Schorr's compensation as a non-employee member of the Company's Board of Directors.
- [F2]The restricted stock units were issued to Blackstone Management Partners V L.L.C. ("BMP V"), the Investment Advisor to certain of the Blackstone entities invested in the Company, of which Mr. Schorr is a member. Mr. Schorr disclaims any beneficial ownership in the restricted stock units issued to BMP V.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001394159
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 2:35 PM ET
- Size
- 6.1 KB