Orbitz Worldwide, Inc. 4
4 · Orbitz Worldwide, Inc. · Filed Jun 23, 2008
Insider Transaction Report
Form 4
SIVLEY DEAN
SVP, COO - Orbitz for Business
Transactions
- Award
Employee Stock Options (Right to Buy)
2008-06-19+71,429→ 71,429 totalExercise: $6.28Exp: 2015-06-19→ Common Stock (71,429 underlying) - Award
Restricted Stock Units
2008-06-19+7,143→ 7,143 totalExp: 2011-06-19→ Common Stock (7,143 underlying)
Footnotes (4)
- [F1]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
- [F2]The stock options vest in four equal installments on June 19, 2009, 2010, 2011 and 2012.
- [F3]Each restricted stock unit represents a right to receive, in the sole discretion of the Board of Directors of Orbitz Worldwide, Inc. (the "Company"), either one share of the Company's common stock, par value $0.01 per share, as of the applicable vesting date, or cash equal to the fair market value (as determined by the Company's Board of Directors in good faith) of one share of the Company's common stock as of the applicable vesting date.
- [F4]The restricted stock units vest in three equal installments on June 19, 2009, 2010 and 2011.