4//SEC Filing
Brand Martin 4
Accession 0001179110-11-009319
CIK 0001394159other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 5:28 PM ET
Size
6.9 KB
Accession
0001179110-11-009319
Insider Transaction Report
Form 4
Brand Martin
Director
Transactions
- Award
Common Stock
2011-06-02+41,993.784→ 0 total(indirect: See footnote)
Holdings
- 25,000
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 immediately following the date upon which the holder'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.
- [F2]Mr. Brand's award includes a pro-rated portion of restricted stock units awarded to non-employee directors of the Company joining the Board of Directors after the annual equity grants were made on June 3, 2009. Mr. Brand's grant is pro-rated to reflect the period from March 4, 2010, when Mr. Brand joined the Board of Directors, until the next regular annual grant was made on June 2, 2010.
- [F3]These restricted stock units are held by Blackstone Management Partners L.L.C., the Investment Advisor to certain of the Blackstone entities for which Blackstone Capital Partners (Cayman) V L.P., Blackstone Capital Partners (Cayman) V-A L.P., BCP (Cayman) V-S L.P. and BCP V Co-Investors (Cayman) L.P. serve as alternative investment vehicles. Mr. Brand is a Managing Director of The Blackstone Group, L.P., which is affiliated with investment funds that hold securities of the Company. Mr. Brand disclaims beneficial ownership of securities of the Company held by Blackstone Management Partners L.L.C. and such investment funds.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeother
Related Parties
1- filerCIK 0001486115
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 5:28 PM ET
- Size
- 6.9 KB