4//SEC Filing
SIVLEY DEAN 4
Accession 0001179110-09-003709
CIK 0001394159other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:07 PM ET
Size
10.3 KB
Accession
0001179110-09-003709
Insider Transaction Report
Form 4
SIVLEY DEAN
SVP, COO - Orbitz for Business
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-02-25−2,810→ 21,839 totalExp: 2017-07-25→ Common Stock (2,810 underlying) - Exercise/Conversion
Common Stock
2009-02-25+2,810→ 27,948 total - Tax Payment
Restricted Stock Units
2009-02-25−1,557→ 24,649 totalExp: 2017-07-25→ Common Stock (1,557 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
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 6:07 PM ET
- Size
- 10.3 KB