4//SEC Filing
Nelson Mike 4
Accession 0001179110-11-010915
CIK 0001394159other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 5:26 PM ET
Size
9.6 KB
Accession
0001179110-11-010915
Insider Transaction Report
Form 4
Nelson Mike
Pres., Partner Services Group
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-07-11−23,135→ 67,500 totalExp: 2011-07-11→ Common Stock (23,135 underlying) - Exercise/Conversion
Common Stock
2011-07-11+23,135→ 101,867 total - Tax Payment
Restricted Stock Units
2011-07-11−10,615→ 90,635 totalExp: 2011-07-11→ Common Stock (10,615 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 four equal installments on July 11, 2010, 2011, 2012 and 2013.
- [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
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeother
Related Parties
1- filerCIK 0001406177
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 5:26 PM ET
- Size
- 9.6 KB