4//SEC Filing
SCHORR PAUL IV 4
Accession 0001179110-10-000463
CIK 0001394159other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:45 PM ET
Size
8.1 KB
Accession
0001179110-10-000463
Insider Transaction Report
Form 4
SCHORR PAUL IV
Director
Transactions
- Award
Common Stock
2009-12-31+1,302.083→ 90,167.177 total(indirect: See footnote)
Holdings
- 14,860
Common Stock
- 46,021,327(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]Represents restricted stock units granted under the Orbitz Worldwide, Inc. Non-Employee Directors Deferred Compensation 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]These restricted stock units are held by Blackstone Management Partners L.L.C. ("BMP"), the Investment Advisor to certain of the Blackstone entities invested in the Company, of which Mr. Schorr is a member. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, Mr. Schorr herein states that this filing shall not be deemed an admission that he is the beneficial owner of any of such restricted stock units. Mr. Schorr herein disclaims beneficial ownership in the restricted stock units issued to BMP, except to the extent of his pecuniary interest therein.
- [F3]These shares are beneficially owned by Blackstone LR Associates (Cayman) V Ltd. ("BLRA"), or by affiliates of BLRA, of which Mr. Schorr is an employee. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, Mr. Schorr herein states that this filing shall not be deemed an admission that he is the beneficial owner of any of such shares. Mr.Schorr herein disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeother
Related Parties
1- filerCIK 0001195849
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 6:45 PM ET
- Size
- 8.1 KB