4//SEC Filing
Hammer Russell 4
Accession 0001179110-12-007905
CIK 0001394159other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 4:51 PM ET
Size
9.7 KB
Accession
0001179110-12-007905
Insider Transaction Report
Form 4
Hammer Russell
SVP, CFO
Transactions
- Tax Payment
Restricted Stock Units
2012-05-03−1,311→ 136,189 totalExp: 2015-01-03→ Common Stock (1,311 underlying) - Exercise/Conversion
Restricted Stock Units
2012-05-03−2,855→ 133,334 totalExp: 2015-01-03→ Common Stock (2,855 underlying) - Exercise/Conversion
Common Stock
2012-05-03+2,855→ 44,990 total
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 forty-eight (48) equal monthly installments over a four year period, commencing on February 3, 2011, with the final installment of the restricted stock units vesting on January 3, 2015.
- [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 0001423793
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 4:51 PM ET
- Size
- 9.7 KB