4//SEC Filing
Petito Frank 4
Accession 0001179110-10-009777
CIK 0001394159other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 7:59 PM ET
Size
8.9 KB
Accession
0001179110-10-009777
Insider Transaction Report
Form 4
Petito Frank
SVP, Corp. Development
Transactions
- Disposition to Issuer
Employee Stock Options (Right to Buy)
2010-05-28−45,662→ 0 totalExercise: $15.00Exp: 2017-07-18→ Common Stock (45,662 underlying) - Award
Employee Stock Options (Right to Buy)
2010-05-28+15,677→ 15,677 totalExercise: $5.22Exp: 2017-07-18→ Common Stock (15,677 underlying)
Footnotes (4)
- [F1]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
- [F2]The stock option vested in four equal installments. The first and second installments became exercisable on July 18, 2008 and 2009, and the next two installments became exercisable on July 18, 2010 and 2011.
- [F3]On May 28, 2010, Orbitz Worldwide, Inc. (the "Company") accepted for tender and canceled, pursuant to a stock option exchange program, an option to purchase 45,662 shares of the Company's common stock at an exercise price of $15 per share that had been granted to the reporting person on July 18, 2007. In exchange, the reporting person received a new stock option to purchase 15,677 shares of the Company's common stock at an exercise price of $5.22 per share.
- [F4]The new stock option vests in four equal installments. The first and second installments vested on July 18, 2008 and 2009, and the next two installments vest on July 18, 2010 and 2011. The portion of the stock option that was vested as of May 28, 2010 cannot be exercised until on or after November 28, 2010 pursuant to the terms of the stock option exchange program.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeother
Related Parties
1- filerCIK 0001406668
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 7:59 PM ET
- Size
- 8.9 KB