4//SEC Filing
Nelson Mike 4
Accession 0001179110-12-009698
CIK 0001394159other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 8:08 PM ET
Size
9.7 KB
Accession
0001179110-12-009698
Insider Transaction Report
Form 4
Nelson Mike
Pres., Partner Services Group
Transactions
- Tax Payment
Restricted Stock Units
2012-06-02−3,145→ 23,145 totalExp: 2014-06-02→ Common Stock (3,145 underlying) - Exercise/Conversion
Common Stock
2012-06-02+6,855→ 113,715 total - Exercise/Conversion
Restricted Stock Units
2012-06-02−6,855→ 20,000 totalExp: 2014-06-02→ Common Stock (6,855 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 were granted in satisfaction of the performance requirement and vest annually over four years on June 2, 2011, 2012, 2013 and 2014.
- [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
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 8:08 PM ET
- Size
- 9.7 KB