4//SEC Filing
SIVLEY DEAN 4
Accession 0001179110-08-016033
CIK 0001394159other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 4:07 PM ET
Size
10.3 KB
Accession
0001179110-08-016033
Insider Transaction Report
Form 4
SIVLEY DEAN
SVP, COO - Orbitz for Business
Transactions
- Exercise/Conversion
Common Stock
2008-08-25+2,780→ 20,002 total - Tax Payment
Restricted Stock Units
2008-08-25−1,588→ 33,354 totalExp: 2017-07-25→ Common Stock (1,588 underlying) - Exercise/Conversion
Restricted Stock Units
2008-08-25−2,780→ 30,574 totalExp: 2017-07-25→ Common Stock (2,780 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive, in the sole discretion of the Board of Directors of the Company, either (i) one share of the Company's common stock as of the vesting date, or (ii) cash equal to the fair market value (as determined by the Board of Directors of the Company in good faith) of one share of the Company's common stock as of the vesting date. The restricted stock units reported as disposed herein were settled for shares of the Company's common stock.
- [F2]Each restricted stock unit represents a contingent right to receive, in the sole discretion of the Board of Directors of the Company, either (i) one share of the Company's common stock as of the vesting date, or (ii) cash equal to the fair market value (as determined by the Board of Directors of the Company in good faith) of one share of the Company's common stock as of the vesting date. The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F3]The restricted stock units vest quarterly in twelve equal installments over three years, commencing on August 25, 2007.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeother
Related Parties
1- filerCIK 0001137351
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 4:07 PM ET
- Size
- 10.3 KB