Nelson Mike 4

4 · Orbitz Worldwide, Inc. · Filed Jun 21, 2011

Form 4

Period: 2011-06-19

Pres., Partner Services Group

Transactions

Exercise/Conversion
Common Stock
2011-06-19+3,060→ 78,732 total
Tax Payment
Restricted Stock Units
2011-06-19−1,405→ 3,060 total
Exp: 2011-06-19→ Common Stock (1,405 underlying)
Exercise/Conversion
Restricted Stock Units
2011-06-19−3,060→ 0 total
Exp: 2011-06-19→ Common Stock (3,060 underlying)

Footnotes (5)

[F1]Each restricted stock unit represents a right to receive, in the sole discretion of the Board of Directors of Orbitz Worldwide, Inc. (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 of one share of the Company's common stock as of the vesting date.
[F2]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
[F3]The restricted stock units vest in three equal installments on June 19, 2009, 2010 and 2011.
[F4]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.
[F5]The restricted stock units reported as disposed herein were settled for shares of the Company's common stock.

Documents

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